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international(国际经济学)课后习题及答案
ReviewQuestionsandCondensedAnswersfor
InternationalTradeTheories
Chapter1WorldTradeandtheNationalEconomy
ReviewQuestions::
::
1(Whatfeaturesdistinguishinternationalfromdomestic
transactions?
2(Whatcanyousayaboutthegrowthofworldtradeinbothnominal
andrealterms?Wasit
fasterthanthegrowthofoutput?
3(Evaluatethestatement,”theUnitedStatesisaclosedeconomy,
henceforeigntradeisof
noconsequencetoit.”
4(Distinguishbetweenexportindustries,import-competing
industriesandnontradedgoods.
Giveexamplesofeach.
5(Usingthefigureintable1-3,whatcanyousayaboutthetrade
structureoftheUSAand
Japan.
CondensedAnswerstoReviewQuestions::
::
1.Thetextdiscusseswaysthatinternationaltransactionsdiffer
fromdomesticones.
i.Internationaltraderequiresthattransactionsbeconducted
betweentwo
currenciesmediatedbyanexchangerate.Domestictransactionsare
conducted
inasinglecurrency.
ii.Commercialpoliciesthatoperatetorestrictinternational
transactionscannot,in
general,beimposedondomestictrade.Suchpoliciesincludetariffs,
quotas,
voluntaryexportrestraints,exportsubsidies,andexchangecontrols.
iii.Countriespursuedifferentdomesticmacroeconomicpolicies
whichresultin
divergentratesofeconomicgrowth,inflation,andunemployment.
iv.Morestatisticaldataexistonthenature,volume,andvalueof
international
transactionsthanexistindomestictrade.
v.Factorsofproductionaremoremobiledomesticallythan
internationally.
vi.Countriesexhibitdifferentdemandpatterns,salestechniques,
andmarketing
requirements.Manyoftheseareduetocultureandcustom.Some
resultfrom
differencesingovernmentregulations.Includedhereare
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