国际经济学(外语)习题3

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1、4I.ObjectiveQuestions1.Whichofthefollowingisnotanassumptionoffactorproportionstheory?(a)firmsarepricetakersinbothfactorandcommoditymarkets.(b)factorsareimmobilebetweencountries.(c)thepriceofeachfactoristhesameinthetwocountries.(d)factorsaremobilewithineachcountry.2.Automobilemanufacturing

2、iscapitalintensiveandrugmanufacturingislaborintensive.TheU.S.has100millionworkersand$3,000billionofcapital.Peruhas20millionworkersand$400billionofcapital.Accordingtothefactorproportionstheorythisimpliesthat(a)theU.S.willspecializeinproducingautomobiles,andPeruinproducingrugs.(b)theU.S.wil

3、lspecializeinproducingrugs,andPeruinproducingautomobiles.(c)neithercountrywillspecializeortradewiththeother.(d)theU.S.willexportbothgoods.3.IfcountryAislaborabundantandcountryBiscapitalabundant,factorproportionstheorypredictsfreetradewillcause(a)wagestofallincountryA,andthereturntocapital

4、toriseincountryB.(b)wagestoriseincountryA,andthereturntocapitaltofallincountryB.(c)wagestoriseincountryA,andthereturntocapitaltoriseincountryB.(d)wagestofallincountryA,andthereturntocapitaltofallincountryB.4.Whichofthefollowingisnotacriticismofthefactorproportionstheory?(a)itassumesintern

5、ationalfactorimmobility.(b)itfocusesalmostentirelyonsupplyconditionsandignoresdemand.(c)itislimitedbytheassumptionofconstantreturnstoscale.(d)itconsiderslaborastheonlyfactorofproduction.5.Alargehomemarketcanleadtoacomparativeadvantageingoodsproducedunderconditionsof(a)increasingreturnstos

6、cale.(b)decreasingreturnstoscale.(c)constantreturnstoscale.(d)noneoftheabove.6.Ifacountry'sgrowthisbiasedtowardsimports,asitseconomygrowsitstermsoftradewill(a)improve.(b)deteriorate.(c)staythesame.(d)eitherimproveordeteriorate,butwecannotsaywhich.7.Themainempiricalfindingthatledtotheartic

7、ulationoftheLeontiefparadoxwas(a)import-substitutesembodiedmorecapitalrelativetolaborthanU.S.exports.4(b)theoutputoftheU.S.agriculturalsectorwasgreaterthanthatoftheU.S.manufacturingsector.(c)U.S.farmersearnmorethanU.S.factoryworkers.(d)thecapital/laborratioofU.S.exp