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1、1. Whichofthefollowingisaprincipleconcerninghowpeopleinteract? a. Marketsareusuallyagoodwaytoorganizeeconomicactivity. b. Rationalpeoplethinkatthemargin. c. Peoplerespondtoincentives. d. Alloftheabovearecorrect.ANSWER: aDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.224-Givenascenario,id
2、entifywhichprincipleofeconomicinteractionbestdescribesit.TOPICS: EconomicthinkingKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.01.2-MC-MANK082. Whichisthemostaccuratestatementabouttrade? a. Tradecanmakeeverynationbetteroff. b. Trademakessomenationsbetteroffandothersworseoff. c. Tradingforago
3、odcanmakeanationbetteroffonlyifthenationcannotproducethatgooditself. d. Tradehelpsrichnationsandhurtspoornations.ANSWER: aDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS: InternationaltradeKEYWORDS: BLOOM'S:Compre
4、hensionCUSTOM ID: 002.01.2-MC-MANK083. Theprinciplethat"tradecanmakeeveryonebetteroff"appliestointeractionsandtradebetween a. families. b. stateswithintheUnitedStates. c. nations. d. Alloftheabovearecorrect.ANSWER: dDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.011-Applybasicprinciplesabou
5、ttheinternationalflowofgoodsandcapital.TOPICS: InternationaltradeKEYWORDS: BLOOM'S:ApplicationCUSTOM ID: 003.01.2-MC-MANK084. Theprinciplethattradecanmakeeveryonebetteroffappliesto a. individuals. b. families. c. countries. d. AlloftheaboveANSWER: dDIFFICULTY: EasyCopyrightCengageLearning.
6、PoweredbyCognero.Page 31LEARNING OBJECTIVES: ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS: InternationaltradeKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 004.01.2-MC-MANK085. Whichofthefollowingstatementsabouttradeisfalse? a. Tradeincreasescompetition. b.
7、 Withtrade,onecountrywinsandonecountryloses. c. Bulgariacanbenefit,potentially,fromtradewithanyothercountry. d. Tradeallowspeopletobuyagreatervarietyofgoodsandservicesatlowercost.ANSWER: bDIFFICULTY: ModerateLEARNING OBJECTIVES: