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单选题 Terms of trade refers to
学科：国际经济学（在线课程）
时间：2025-03-31 13:05:44
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题目1单选题
The standard trade model is NOT built onA. the determination of world equilibrium by world relative supply and world relative demandB. the effect of the terms of trade on a nation's welfareC. the relationship between the production possibility frontier and the relative supply curveD. the relationship between relative prices and relative demandE. the relationship between geography and the volume of trade
题目2单选题
The meaning of "terms of trade" isA. the price of a country's exports divided by the price of its importsB. the tariffs in place between two trading countriesC. the price conditions bargained for in international marketsD. the amount of exports sold by a countryE. the quantities of imports received in free trade
题目3单选题
Terms of trade refers toA. the tariffs applied to tradeB. what goods are importedC. the volume of tradeD. what goods are exportedE. the relative price at which trade occurs
题目4单选题
Which of the following is NOT a property of the indifference curveA. They are bowed-out to the origin, iB. The farther up and to the right an indifference curve lies, the higher the level of welfare to which it correspondsC. They are upward slopingD. They are downward slopingE. each indifference curve gets flatter as we move to the right
题目5单选题
If the economy is producing at point a on its production possibility frontier, thenA. all of its capital is used, but not efficientlyB. all of the country's workers are employedC. all of the country's workers are specialized in one productD. all of the country's capital is used for one productE. all of the country's exports are produced in equal amounts
题目6单选题
A country cannot produce a mix of products with a higher value than whereA. the isovalue line is above the production possibility frontierB. the isovalue line intersects the production possibility frontierC. the isovalue line is below the production possibility frontierD. the isovalue line is tangent to the production possibility frontierE. the isovalue line is tangent with the indifference curve
题目7单选题
Tastes of individuals are represented byA. isovalue linesB. production functionsC. indifference curvesD. production possibility frontiersE. the terms of trade
题目8单选题
If the ratio of price of cloth (PC) divided by the price of food (PF) increases in the international marketplace, thenA. the cloth exporter will increase the quantity of cloth producedB. the cloth exporter will decrease the quantity of cloth exportedC. the country would import more clothD. the food exporter will increase the quantity of food exportedE. the cloth exporter will increase the quantity of cloth exported
题目9单选题
If the ratio of price of cloth (PC) divided by the price of food (PF) increases in the international marketplace, thenA. world relative quantity of cloth supplied and demanded will decreaseB. world relative quantity of cloth supplied will increaseC. world relative quantity of cloth supplied and demanded will increaseD. world relative quantity of food will increaseE. world relative quantity of cloth demanded will decrease
题目10单选题
Increased trade with China between 2000 and 2007 induced large reductions in U.S. import pricesA. generating substantial decreases in the purchasing power of U.S. householdsB. generating substantial increases in the purchasing power of U.S. householdsC. creating a loss of $1,500 on average in purchasing power per U.S. household per yearD. creating neither gains nor losses for U.S. consumers
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