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1、1. Bydefinition,importsare a. peoplewhoworkinforeigncountries. b. goodsinwhichacountryhasanabsoluteadvantage. c. limitsplacedonthequantityofgoodsleavingacountry. d. goodsproducedabroadandsolddomestically.ANSWER: dDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.098-Examinetheeffec
2、tsofinternationaltradeonexportingandimportingcountries.TOPICS: InternationaltradeImportsKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 001.03.3-MC-MANK082. Bydefinition,exportsare a. limitsplacedonthequantityofgoodsbroughtintoacountry. b. goodsinwhichacountryhasanabsoluteadvantage. c. pe
4、2.03.3-MC-MANK083. Goodsproducedabroadandsolddomesticallyarecalled a. exports. b. imports. c. exchangerates. d. opportunitycosts.ANSWER: bDIFFICULTY: EasyLEARNING OBJECTIVES: ECON.MANK.098-Examinetheeffectsofinternationaltradeonexportingandimportingcountries.TOPICS: Internation
5、altradeImportsKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 003.03.3-MC-MANK084. Tradebetweencountries a. allowseachcountrytoconsumeatapointoutsideitsproductionpossibilitiesfrontier. b. limitsacountry’sabilitytoproducegoodsandservicesonitsown. c. mustbenefitbothcountriesequally;otherwise
6、,tradeisnotmutuallybeneficial. d. canbestbeunderstoodbyexaminingthecountries’absoluteadvantages.CopyrightCengageLearning.PoweredbyCognero.Page 10ANSWER: aDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.089-Evaluatethepotentialgainsfromtradeusingcomparativeandabsoluteadvantage
7、.TOPICS: InternationaltradeKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 004.03.3-MC-MANK085. Whenacountryhasacomparativeadvantageinproducingacertaingood, a. thecountryshouldimportthatgood. b. thecountryshouldproducejustenoughofthatgoodforitsownconsumption. c. thecountry’sopportunit
