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Transcript
大
连
理
工
大
学
姓名:
学号:
课 程 名 称: 国际经济学
授课院 (系):
学院(系)
:
级
班
标准分
得
装
线
卷:
B
考试形式: 闭卷
经济系
考试日期:20
年
月
日
一
二
三
四
五
六
七
八
20
10
15
15
24
16
/
/
试卷共 9 页
总分
/
/
100
分
一、 单项选择题(每小题 2 分,共 20 分。在每小题的备选答案中,只有一
个选项是正确的,选错、不选或多选不得分。答案必须填入下列表格内,
否则无效!)
1
2
3
4
5
6
7
8
9
10
1.
订
试
If one nation is significantly larger than the other, when they trade with each
other, ( )
a. the larger nation will attain most of the gains from trade
b. the smaller nation will attain most of the gains from trade
c. the gains from trade equals will be shared equally between them
d. the trade will benefit only the larger nation
2. If a country with an abundant supply of labor force Wants have Free Trade
with a capital adequacy country,so , it will emerge ( ) trend.
a. Both of the two countries’ wage levels will increase relative to the cost
of capital
b. Both of the two countries’ wage levels will decline relative to the cost
of capital
c. The former country’s wage will relatively increase compared with that of
the latter country
d. The former country’s wage will relatively decline compared with that of
the latter country
3. About effective tariff rate, namely effective rate of protection, which
statement is true ( )
a. always equals to nominal ad valorem tariff rate
b. when material inputs enter a country at a lower nominal tariff while the
final imported commodity is protected by a higher nominal tariff, the
effective tariff rate tends to be lower than nominal tariff rate
B1(共 9 页)
c. when material inputs enter a country at a lower nominal tariff while the
final imported commodity is protected by a higher nominal tariff, the
effective tariff rate tends to be higher than nominal tariff rate
d. when material inputs enter a country without duty, the effective tariff rate
equals to nominal tariff rate
4. Assumed that one country use import quota, rather than an import tariff, to
protect domestic industries, in the long run, if consumer demands for products of
the industry increase ( )
a. prices rise is slower than of using tariffs
b. prices rise is faster than the case of using tariff
c. because the quota is not a tax, the price will not change
d. growth of domestic industries is slower the case of using tariffs
5.
Countervailing duties ( )
a. is the same to scientific tariff
b. is to protect domestic industries from foreign export subsidies
c. is a retorsion to foreign tariff
d. is to increase revenue to offset deficit
6. The reason why the prices of primary products prone to significant fluctuate
is( ).
a. As income rose, the demand increased significantly
b. The price-elasticity of supply is high
c. The price-elasticity of demand is high
d. The price-elasticity of demand and supply is low
7.
MNE ( )
a. Refers to shareholders from enterprises of different countries
b. Refers to export to enterprises of different countries
c. Refers to a number of countries with manufacturing facilities of
enterprises
d. General scale is smaller than the largest enterprises of home country
8.
According to relative purchasing power parity theory, if the inflation in the
United Kingdom is 10%, and 4% in the United States, then ( )
a. the U.S. dollar will appreciate 4% versus the pound
b. the U.S. dollar will depreciate 4% versus the pound
c. the U.S. dollar will appreciate 6% versus the pound
d. the U.S. dollar will depreciate 6% versus the pound
B2(共 9 页)
9. Under the historical gold standard, during the surplus nations receive
international reserve ,they will experience ( )
a. appreciation in exchange rate
b. depreciation in exchange rate
c. an increase in money supply and price, and a decrease in surplus.
d. a decrease in money supply and price, and an increase in surplus
10. According to the Absorption approach , devaluation will only improve the
trade balance if domestic economy is ( )
a. balance of payments surplus and full employment
b. balance of payments surplus and underemployment
c. balance of payments deficit and full employment
d. balance of payments deficit and underemployment
二、 判断题(每小题 1 分,共 10 分。对的填√,错的填×。答案必须填入
下列表格内,否则无效!)
1
1.
2.
2
3
4
5
6
7
8
9
10
Adam Smith's Principle of Absolute Advantage views that both of the nations
can benefit from exporting what they make cheaper than the other one.
The commodity terms of trade of one country reflects the ratio of the prices it
gets for its exports to the prices it pays for its imports.
3. The factor endowments theory speculates that trade will cause the decline of
the relative wage levels in labor abundant countries.
4. The protective effect of tariffs means that domestic producers increase profits.
5. Countervailing duties are intended to offset any foreign export subsidies to
promote fair trade.
6. The indicator is commonly used but not perfect, which is used to differentiate
from developing countries and developed countries is GDP per capita.
7. The main purpose of Japanese auto companies establishing cross-border plant
in the United States is to obtain low-cost raw materials.
8. U.S. exports wheat to other countries should be recorded to the capital
account of U.S. balance of payments.
9. Suppose the U.S. inflation rate is higher than that of Japan, the U.S. dollars
will be discount in the forward market.
10. Fundamental analysis uses an econometric model of the global economy
forecasting exchange rate movements.
B3(共 9 页)
三、 名词解释(3 分×5=15 分)
1. Effective tariff rate
2. Import quota
3. Buffer stock
4. Unilateral transfers
5. Speculation
四、 简单答题(5 分×3=15 分)
1. Suppose the spot rate is 1.6mark = $1, 120 RMB =$1 and 80 RMB =1 mark.
How can an American who held the dollars gain the risk-free profit through the
three-point arbitrage? If the mark and the Japanese yen remained constant,
calculate the equilibrium exchange rate of the yen against the mark through
arbitrage trading.
B4(共 9 页)
2. Illustrate Adam Smith's Principle of Absolute Advantage in international trade
with the following example. Draw the production possibilities schedule of two
nations respectively. Identify their absolute advantage. Calculate the
terms-of-trade ratio at which both of them can benefit from trading. Draw the
trading possibilities line of both nations respectively to reflect the ratio, and give
examples to illustrate the potential trade triangle.
Output per labor
Argentina Brazil
Wheat
3
2
Autos
1
2
12
12
All labor supply
B5(共 9 页)
3. Answer questions using graph paper:
a. Explain why this graph indicates “large nation model” and tell the
difference from “small nation model” in Q.1
b. Using graph paper, calculate the commodity price, domestic production and
the volume of imports under free trade conditions.
c. Suppose the American government levies a specific tariff of 20 dollars on
imported steel per ton, plot in graph paper about how this measure influences the
steel price, domestic steel production and the volume of steel imports, and explain
the reason that steel price hiking rate is lower than tariff rate
d. Plot kinds of effects caused by tariff in graph paper, then calculate the
value of each effect.
consumer surplus loss__________ protective effect__________
trade conditions effect__________ redistributive effect_______
domestic revenue effect___________ consumption effect_________
e. Under what condition a country would benefit from levying tariff? Does
this condition exist in the example here?
B6(共 9 页)
五、 分析题,用中文回答(8 分×3=24 分)
1. 假设某个国家由五个相互独立工作的个人组成,这五个人分别具有以下
不同的生产能力:
个人 A 能够生产 3 单位酒或 3 单位布,或是两种产品的任何一种组合;
个人 B 能够生产 2 单位酒或 5 单位布,或是两种产品的任何一种组合;
个人 C 能够生产 1 单位酒或 2 单位布,或是两种产品的任何一种组合;
个人 D 能够生产 4 单位酒或 3 单位布,或是两种产品的任何一种组合;
个人 E 能够生产 5 单位酒或 3 单位布,或是两种产品的任何一种组合。
问:
1) 请画出该国家生产可能性曲线。
2) 如果该国参与贸易,国际市场上的价格为 2 单位布换 3 单位酒,该国将
如何安排其五个人的生产?
B7(共 9 页)
2. 试根据下图,阐述技术差距模型的基本内容;用图中变量分别指出需求
滞后、反应滞后、模仿滞后和掌握滞后;说明在何种情况下技术差距不会使
A、B 两国产生贸易。
生产
消费
出口
A 国生产量
0
T1
T2
T3
T
B 国贸易量
B 国生产量
3. 某中国出口商约定一年后向一家美国企业出口一批纺织品(以美元支
付),该出口商是担心美元升值还是贬值?如果该出口商决定利用远期市场的
套期保值功能,他将如果操作以避免汇率波动的风险?
B8(共 9 页)
六、 用英语回答下列问题(8 分×2=16 分)
1.“If U.S. productivity growth does not keep up with that of its trading
partners, the United States will quickly lose its international competitiveness and
not be able to export any products, and its standard of living will fall.” Critically
evaluate this statement in light of what you have learned in this course. (15 points)
2.Suppose that under free trade a final good F has a price of $1,000, that the
prices of the only two inputs to good F, goods A and B, are PA=$300 and PB=
$500, and that 1 unit each of A and B is used in producing 1 unit of good F.
Suppose also that an ad valorem tariff of 20 percent is placed on good F, while
imported goods A and B face ad valorem tariffs of 20 percent and 30 percent,
respectively. Calculate the ERP for the domestic industry producing good F, and
interpret the meaning of this calculated ERP.
B9(共 9 页)