《Sec 9.1 MC The Determinants of Trade》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、1. Whatisthefundamentalbasisfortradeamongnations? a. shortagesorsurplusesinnationsthatdonottrade b. misguidedeconomicpolicies c. absoluteadvantage d. comparativeadvantageANSWER: dDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.089-Evaluatethepotentialgainsfromtradeusi
2、ngcomparativeandabsoluteadvantage.TOPICS: InternationaltradeKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.09.1-MC-MANK082. Patternsoftradeamongnationsareprimarilydeterminedby a. culturalconsiderations. b. politicalconsiderations. c. comparativeadvantage. d. differenc
4、ThemarketforsoybeansinCanadaconsistssolelyofdomesticbuyersofsoybeansanddomesticsellersofsoybeansif a. consumersurplusequalsproducersurplusintheCanadiansoybeanmarket. b. totalsurplusexceedsconsumersurplusintheCanadiansoybeanmarket. c. Canadapermitsinternationaltradeinsoy
6、NK084. ThenationofWheatlandforbidsinternationaltrade.InWheatland,youcanbuy1poundofcornfor3poundsoffish.Inothercountries,youcanbuy1poundofcornfor2poundsoffish.Thesefactsindicatethat a. Wheatlandhasacomparativeadvantage,relativetoothercountries,inproducingcorn. b. otherco
7、untrieshaveacomparativeadvantage,relativetoWheatland,inproducingfish. c. thepriceoffishinWheatlandexceedstheworldpriceoffish. d. ifWheatlandweretoallowtrade,itwouldimportcorn.ANSWER: dCopyrightCengageLearning.PoweredbyCognero.Page 15DIFFICULTY: ModerateLEARNING OBJECT
