Sec 31.1 MC The International Flows of Goods and Capital

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1、1. Foreign-producedgoodsandservicesthatarepurchaseddomesticallyarecalled a. imports. b. exports. c. netimports. d. netexports.ANSWER:  aDIFFICULTY:  EasyREFERENCES:  TheInternationalFlowsofGoodsandCapitalLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprin

2、ciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  ImportsInternationaltradeKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  001.31.1-MC-MANK082. Bill,aU.S.citizen,paysaSpanisharchitecttodesignametalcastingfactory.Whichcountry’sexportsincrease? a. Spain’s 

3、b. theU.S.’s c. Spain’sandtheU.S.’s d. neitherSpain’snortheU.S.’sANSWER:  aDIFFICULTY:  EasyREFERENCES:  TheInternationalFlowsofGoodsandCapitalLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  Int

4、ernationaltradeExportsKEYWORDS:  BLOOM'S:KnowledgeCUSTOM ID:  002.31.1-MC-MANK083. WhenJamie,aU.S.citizen,purchasesawooljacketmadeinIreland,thepurchaseis a. bothaU.S.andIrishimport. b. aU.S.importandanIrishexport. c. aU.S.exportandanIrishimport. d. neith

5、eranexportnoranimportforeithercountry.ANSWER:  bDIFFICULTY:  EasyREFERENCES:  TheInternationalFlowsofGoodsandCapitalLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  InternationaltradeKEYWORDS:  B

6、LOOM'S:KnowledgeCUSTOM ID:  003.31.1-MC-MANK084. Dave,aU.S.citizenbuysabicyclemanufacturedinChina.Dave’spurchaseis a. bothaU.S.andChineseexport. b. bothaU.S.andChineseimport.CopyrightCengageLearning.PoweredbyCognero.Page 79 c. aU.S.importandaChineseexpor

7、t. d. aU.S.exportandaChineseimport.ANSWER:  cDIFFICULTY:  EasyREFERENCES:  TheInternationalFlowsofGoodsandCapitalLEARNING OBJECTIVES:  ECON.MANK.011-Applybasicprinciplesabouttheinternationalflowofgoodsandcapital.TOPICS:  InternationaltradeKEYWORDS:  BLOO

8、M'S:KnowledgeCUSTOM ID:  004.31.1-MC-MANK085. Eric,aresidentofSweden,purchasesabookprintedintheU.S.Whichcountry’sexportsincrease? a. Sweden’s b. theU.S.’s c. Sweden’sandtheU.S.’s d. neitherSweden’snortheU.S.’sANSWER:  bDIF