克鲁格曼国贸理论第十版课后习题答案 CH06

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1、Chapter6TheStandardTradeModel31Chapter6TheStandardTradeModelnChapterOrganizationAStandardModelofaTradingEconomyProductionPossibilitiesandRelativeSupplyRelativePricesandDemandTheWelfareEffectofChangesintheTermsofTradeDeterminingRelativePricesEconomicGrowth:AS

2、hiftoftheRSCurveGrowthandtheProductionPossibilityFrontierWorldRelativeSupplyandtheTermsofTradeInternationalEffectsofGrowthCaseStudy:HastheGrowthofNewlyIndustrializingCountriesHurtAdvancedNations?TariffsandExportSubsidies:SimultaneousShiftsinRSandRDRelativeDe

3、mandandSupplyEffectsofaTariffEffectsofanExportSubsidyImplicationsofTermsofTradeEffects:WhoGainsandWhoLoses?InternationalBorrowingandLendingIntertemporalProductionPossibilitiesandTradeTheRealInterestRateIntertemporalComparativeAdvantageSummaryAPPENDIXTOCHAPTE

4、R6:MoreonIntertemporalTradenChapterOverviewPreviouschaptershavehighlightedspecificsourcesofcomparativeadvantagethatgiverisetointernationaltrade.Thischapterpresentsageneralmodelthatadmitspreviousmodelsasspecialcases.This“standardtrademodel”istheworkhorseofint

5、ernationaltradetheoryandcanbeusedtoaddressawiderangeofissues.Someoftheseissues,suchasthewelfareanddistributionaleffectsofeconomicgrowth,transfersbetweennations,andtariffsandsubsidiesontradedgoods,areconsideredinthischapter.©2015PearsonEducationLimitedChapter

6、6TheStandardTradeModel31Thestandardtrademodelisbaseduponfourrelationships.First,aneconomywillproduceatthepointwheretheproductionpossibilitiescurveistangenttotherelativepriceline(calledtheisovalueline).Second,indifferencecurvesdescribethetastesofaneconomy,and

7、theconsumptionpointforthateconomyisfoundatthetangencyofthebudgetlineandthehighestindifferencecurve.Thesetworelationshipsyieldthefamiliargeneralequilibriumtradediagramforasmalleconomy(onethattakesasgiventhetermsoftrade),wheretheconsumptionpointandproductionpo

8、intarethetangenciesoftheisovaluelinewiththehighestindifferencecurveandtheproductionpossibilitiesfrontier,respectively.Youmaywanttoworkwiththisstandarddiagramtodemonstrateanumberofbasicpoints.Fir