1、 MOOC 国际贸易 （英）-江西财经大学 中国大学慕课答案Exercise 1.1 Why trade is important1、问题：Chinese students go abroad to study in United Kingdom means_.选项：A、The United Kingdom exports education services to China.B、The United Kingdom imports education services from China.C、China exports education services to United Kingd
2、om.D、China imports tourism services from United Kingdom.正确答案:【The United Kingdom exports education services to China.】2、问题：As we all know,import is as important as exports,because_.Which offollowing is NOT ture?选项：A、import can provide products or services that the domestic market cannot provide.B、im
3、port can force the local firms try their best to innovate.C、import can force the local firms improve products quality.D、imports will hinder world economic growth absolutely.正确答案:【imports will hinder world economic growth absolutely.】3、问题：Not all the people like trade, in fact some particular group w
4、ill be harmed bytrade.T or F选项：A、正确B、错误正确答案:【正确】Exercise 1.2 Features and Trends of World Trade1、问题：Which of following is NOT key features and trends of World Trade?选项：A、Service trade has became the most important content of world trade.B、Trade in value added emerging as a sensitive and important to
5、pic and attracts moreand more attention.C、Digital technologies are reshaping world trade.D、Fluctuation of commodity price will affect value of trade deeply.正确答案:【Service trade has became the most important content of world trade.】2、问题：From what we learned,_provide a new insight into the commercialre
6、lations between nations by considering the value added by each country. 选项：A、Trade in commoditiesB、Trade in serviceC、Trade in Value-AddedD、Intellectual property正确答案:【Trade in Value-Added】3、问题：3）Digital technologies has fundamentally reshaped our economies, slashingthe cost of acquiring and trading i
7、nformation.T or F选项：A、正确B、错误正确答案:【正确】Exercise 1.3 Who Trades with Whom: The Gravity Model1、问题：From the Gravity Model equation, we can find that the value of trade betweentwo countries depends on two important factors, one is _ and the other is_.选项：A、economic size,the distance between them.B、national
8、 territorial area ,the distance between them.C、economic size,national territorial area.D、economic size,investment.正确答案:【economic size,the distance between them.】2、问题：Why in 2006 Canada is USAs biggest trader, while in 2015 China substitutedCanada to be the No.1?选项：A、Because there are so many Chinese
9、.B、Because Chinas economic size expanded.C、Because China is closer to America than Canada.D、Because chinese labor price is lower.正确答案:【Because Chinas economic size expanded.】3、问题：Only economic size and distance can affect trade pattern.T or F选项：A、正确B、错误正确答案:【错误】01 World Trade: an Overview 1、问题：Trade
10、 includes_and_, contribute much to economic globalization,especially to world economic growth.选项：A、export,investiment.B、import,investiment.C、export,import.D、investiment,consumption.正确答案:【export,import.】2、问题：In Nov. 2018, Chinese government started to have China International ImportExpo,_.选项：A、which
11、is harmful for trade liberalization.B、which is the first expo on the world that aims to encourage import.C、which will dramaticlly weaken the competition of domestic market.D、which will deter to economic globalization.正确答案:【which is the first expo on the world that aims to encourage import.】3、问题：Nowa
12、days members of WTO also pay more attention on service tradecompared with before. Because_.选项：A、service trade has become more important than merchandise trade.B、the issues of service trade usually combined with investment,which is important forworld economic growth.C、service trade is more competitiv
13、e than other kinds of trade.D、advanced countries has stronger competency in commercial service trade.正确答案:【the issues of service trade usually combined with investment,which isimportant for world economic growth.】4、问题：Developing countries are becoming more important in world trade,_.选项：A、because the
14、 share of developing countries in world merchandise exports hasincreased obviously.B、and developing economies exported less and less in past years.C、merchandise trade between developing economies has decreased in the past decade.D、because developing countries tend to cooperate with big economics.正确答
15、案:【because the share of developing countries in world merchandise exports hasincreased obviously.】5、问题：Why the three European Giants, Germany, U.K. and France usually havecloser trade relationship with USA?选项：A、Because of the economic size. B、Because of the distance.C、Because of political factors.D、
16、Because of the border effect.正确答案:【Because of the economic size.】6、问题：According to the gravity model, a characteristic that tends to affect theprobability of trade existing between any two countries is_.选项：A、their cultural affinity.B、the value of their traded goods.C、their colonial-historical ties.D
17、、the distance between them.正确答案:【the distance between them.】7、问题：Which of following is NOT the factor affectting trade pattern?选项：A、cultural affinityB、geographyC、political factorsD、physics正确答案:【physics】8、问题：When world merchandise trade developed robust,_.选项：A、the performance of world real GDP growth
18、 rate will beterrible.B、the world real GDP growth rate is to be negative.C、the performance of world real GDP growth rate generally is also good.D、it will pull down the world real GDP growth rate.正确答案:【the performance of world real GDP growth rate generally is also good.】9、问题：For the consumers, trade
19、 especially import is very important,NOTbecause_.选项：A、they can have more choice and buy products.B、they can enjoy services of higher quality with lower price.C、they can access to kinds of products from different counties in the supermarket.D、they can have more money to buy various products.正确答案:【the
20、y can have more money to buy various products.】10、问题：Relying too much on trade,thats to say, trade dependency or trade opennessis too high,which is not very good for one country.Which of following is NOT ture?选项：A、Because it will make the country too fragile. B、This is especially true for large coun
21、tries.C、But unfortunately, some countries trade dependency still very high.D、Chinas trade dependency is very slow.正确答案:【Chinas trade dependency is very slow.】11、问题：_still the most important content of world trade.选项：A、Manufactured goodsB、Service tradeC、Intellectual propertyD、Partial manufactures正确答案
22、:【Manufactured goods】12、问题：The change range of the value of world merchandise trade usually larger thanthe volume one. Why?选项：A、Because the volume of world merchandise trade is shinking.B、Becausethe value of world merchandise trade is jumping.C、The key reason is that the price of commodity has big i
23、nfluence on the trend of worldtrade development.D、Because the rising of commodity price.正确答案:【The key reason is that the price of commodity has big influence on the trendof world trade development.】13、问题：Usually, when world economy is hot, world trade volume will _, at thesame time the commodity pri
24、ce also will _, so the value of world trade will expandmore.选项：A、expand,fell downB、expand,riseC、shink,fell downD、shink,rise正确答案:【expand,rise】14、问题：Which of the following is most likely among the key topic list of G20summit?选项：A、How to strengthen protective barriers.B、How to encourage innovation.C、Ho
25、w to ensure electricity safety.D、How to deal with the fluctuation of commodity prices.正确答案:【How to deal with the fluctuation of commodity prices.】 15、问题：The traditional calculation usually misleads the understanding about globaltrade relationship. TiVA addresses this issue by _.选项：A、composing of par
26、ts from various countries around the world.B、considering the value added by each country in the production of goods and servicesthat are consumed worldwide.C、reflecting in conventional measures of international trade.D、producing and exporting products which import parts from other country.正确答案:【cons
27、idering the value added by each country in the production of goods andservices that are consumed worldwide.】Exercise 2.1 Mercantilism1、问题：The mercantilists would have objected to:选项：A、Export promotion policies initiated by the governmentB、The use of tariffs or quotas to restrict importsC、Trade polic
28、ies designed to accumulate gold and other precious metalsD、International trade based on open markets正确答案:【International trade based on open markets】2、问题：The mercantilists contended that because one nations gains from trade comeat the expense of its trading partners, not all nations could simultaneou
29、sly realize gainsfrom trade.选项：A、正确B、错误正确答案:【正确】3、问题：According to the price-specie-flow-doctrine, a trade-surplus nation wouldexperience gold outflows, a decrease in its money supply, and a fall in its price level.选项：A、正确B、错误正确答案:【错误】Exercise 2.2 Absolute Advantage Theory1、问题：Referring to the follow
30、ing table, the United States has the absolute advantagein the production of: _.Table： Output Possibilities of the U.S. and the U.K. Outputper Worker per dayCountry Tons of Steel TelevisionsUnited States 5 45United Kingdom10 20选项： A、SteelB、TelevisionsC、Both steel and televisionsD、Neither steel nor te
31、levisions正确答案:【Both steel and televisions】2、问题：Referring to the following Figure , the relative cost of steel in terms ofaluminum is: _.Figure：Production Possibilities Schedule选项：A、4.0 tonsB、2.0 tonsC、0.5 tonsD、0.25 tons正确答案:【0.5 tons】3、问题：Unlike the mercantilists, Adam Smith maintained that:_.选项：A、
32、Trade benefits one nation only at the expense of another nationB、Government control of trade leads to maximum economic welfareC、All nations can gain from free international tradeD、The worlds output of goods must remain constant over time正确答案:【All nations can gain from free international trade】Exerci
33、se 2.3 Comparative Advantage Theory (1)1、问题：In order to know whether a country has a comparative advantage in theproduction of one particular product we need information on at least _ unit laborrequirements.选项：A、oneB、twoC、three D、four正确答案:【four】2、问题：Given the information in the following table, _.选项
34、：A、neither country has a comparative advantage in cloth.B、Home has a comparative advantage in widgets.C、Foreign has a comparative advantage in widgets.D、Home has a comparative advantage in both cloth and widgets.正确答案:【Foreign has a comparative advantage in widgets.】3、问题：Ricardos theory of comparativ
35、e advantage was of limited real-world validitybecause it was founded on the: _.选项：A、Labor theory of valueB、Capital theory of valueC、Land theory of valueD、Entrepreneur theory of value正确答案:【Labor theory of value】Exercise 2.4 Comparative Advantage Theory (2)1、问题：You are given the following Classical-ty
36、pe table indicating the number ofdays of labor input needed to make one unit of output of each of the five commodities ineach of the two countries. Assume that the wage rate in England is 60 per day, that thewage rate in Portugal is 40 per day.With the given information, what will be the tradepatter
37、n if the two countries engage in trade?选项：A、England will export good A and import goods B, C, D, and E.B、England will export goods A and D and import goods B, C, and E.C、England will export goods A, B, and E and import goods C and D.D、England will export goods A, B, D, and E and import good C.正确答案:【
38、England will export goods A and D and import goods B, C, and E.】 2、问题：Given the following Classical-type table shows the number of days of laborinput required to obtain one unit of output of each of the three commodities in each of thetwo countries:Suppose that the wage rate in the United Kingdom is
39、 30 per day, the wage rate in theUnited States is 40 per day. In this situation, the United Kingdom will _.选项：A、export good T and import goods X and Y.B、export good Y and import goods T and X.C、export goods T and X and import good Y.D、export goods X and Y and import good T.正确答案:【export goods T and X
40、 and import good Y.】3、问题：In the real world, a countrys comparative advantage can change over time.选项：A、正确B、错误正确答案:【正确】02 Classical Trade Theory1、问题：In the Mercantilist view of international trade (in a two-countryworld),_.选项：A、both countries could gain from trade at the same time, but the distributi
41、on of thegains depended upon the terms of trade.B、both countries could gain from trade at the same time, and the terms of trade were ofno consequence for the distribution of the gains.C、neither country could ever gain from trade.D、one countrys gain from trade was associated with a loss for the other
42、 country.正确答案:【one countrys gain from trade was associated with a loss for the othercountry.】2、问题：In the price-specie-flow doctrine, a deficit country will _ gold, andthis gold flow will ultimately lead to _ in the deficit countrys exports.选项：A、lose; a decreaseB、lose; an increaseC、gain; a decrease D
43、、gain; an increase正确答案:【lose; an increase】3、问题：Which of the following policies would NOT be consistent with theMercantilist balance-of-trade doctrine?选项：A、payment of high wages to laborB、import duties on final productsC、export subsidiesD、prohibition of imports of manufactured goods正确答案:【payment of h
44、igh wages to labor】4、问题：Referring to the following Table, the opportunity cost of one VCR in Japanis:Table: Output possibilities for South Korea and Japan Output per worker perdayCountry Tons of steel VCRsSouth Korea 80 40Japan 20 20选项：A、1 ton of steelB、2 tons of steelC、3 tons of steelD、4 tons of st
45、eel正确答案:【1 ton of steel】5、问题：Refer to the following table, according to the principle of absolute advantage,Japan should:Table: Output possibilities for South Korea and Japan Output per workerper dayCountry Tons of steel VCRsSouth Korea 80 40Japan 20 20选项：A、Export steelB、Export VCRsC、Export steel an
46、d VCRsD、None of the above; there is no basis for gainful trade正确答案:【None of the above; there is no basis for gainful trade】6、问题：Refer to the following table, according to the principle of comparativeadvantage,Table: Output possibilities for South Korea and Japan Output per worker perdayCountry Tons of steel VCRsSouth Korea 80 40Japan 20 20选项：A、South Korea should export steelB、South Korea should export steel and VCRsC、Japan should export steelD、Japan should export steel and VCRs正确答案:【South Korea should export steel】 7、问题：The Ricardian model demonstr
