《国际经济学第九版课后答案》.pdf

76783 b02.3d GGS 11/4/06 1:37 Answers to Selected Problems Chapter 1 some import restrictions. These topics are discussed in detail in Chapter 9. 6. a. Consumer demand theory predicts that when the price of a commodity rises (cet. par .), the quantity demanded Chapter 2 of the commodity declines. 2. In case A, the United States has a b. When theprice of imports risesto domes- comparative advantage in wheat and the tic consumers, the quantity demanded United Kingdom in cloth. of exports can be expected to decline (if In case B, the United States has a everything else remains constant). comparative advantage in wheat and the 7. a. A government can reduce a budget United Kingdom in cloth. deficit by reducing government expen- In case C, the United States has a ditures and/or increasing taxes. comparative advantage in wheat and the b. A nation can reduce or eliminate a United Kingdom in cloth. balance-of-payments deficit by taxing In case D, the Unite