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国际经济学罗伯特凯伯第13版答案
CHAPTER 1
THE INTERNATIONAL ECONOMY AND GLOBALIZATION国际经济学罗伯特凯伯第13版答案
MULTIPLE-CHOICE QUESTIONS
A primary reason why nations conduct international trade is because:
otherSome nations prefer to produce one thing while others produce things
other
Resources are not equally distributed among all trading nations
Trade enhances opportunities to accumulate profits
Interest rates are not identical in all trading nations
A main advantage of specialization results from:
Economies of large-scale production
The specializing country behaving as a monopoly
Smaller production runs resulting in lower unit costs
High wages paid to foreign workers
International trade in goods and services is sometimes used as a substitute for all of the following except:
International movements of capital
International movements of labor
Domestic production of the same goods and services
Domestic production of different goods and services
If a nation has an open economy, it means that the nation:
Allows private ownership of capital
Has flexible exchange rates
Has fixed exchange rates
Conducts trade with other countries
International trade forces domestic firms to become more competitive in terms of:
The introduction of new products
Product design and quality
Product price
All of the above
The movement to free international trade is most likely to generate shortterm unemployment in which industries?
Industries in which there are neither imports nor exports
Import-competing industries
Industries that sell to domestic and foreign buyers
Industries that sell to only foreign buyers
International trade is based on the idea that:
Exports should exceed imports
Imports should exceed exports
Resources are more mobile internationally than are goods
Resources are less mobile internationally than are goods
Arguments for free trade are sometimes disregarded by politicians because:
Maximizing domestic efficiency is not considered important
Maximizing consumer welfare may not be a chief priority
Th
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