2021知到答案 INTERNATIONAL ECONOMICS 最新智慧树满分章节测试答案

第三章 单元测试

1、单选题：
_______________ cause a nation to give up more and more of one commodity in order to produce each additional unit of another.（ ）
选项：
A:Constant opportunity costs

B:Costs of production

C:Decreasing opportunity costs

D:Increasing opportunity costs

答案: 【Increasing opportunity costs
】

2、单选题：
Increasing opportunity costs result in a production possibilities frontier that is ___________ from the origin.（ ）
选项：
A:convex

B:horizontal

C:linear

D:concave

答案: 【concave
】

3、单选题：
____________ is the amount of one commodity that a nation must give up to produce each additional unit of another.（ ）
选项：
A:marginal cost

B:production frontier

C:marginal rate of return

D:marginal rate of transformation (MRT)

答案: 【marginal rate of transformation (MRT)
】

4、单选题：
The marginal rate of transformation (MRT) of X for Y refers to:（ ）
选项：
A:the amount of Y that consumers are willing to give up to consume each additional unit of X.

B:the amount of X that consumers are willing to give up to consume each additional unit of Y.

C:the amount of X that a nation must give up to produce each additional unit of Y.

D:the amount of Y that a nation must give up to produce each additional unit of X.

答案: 【the amount of Y that a nation must give up to produce each additional unit of X.
】

5、单选题：
What is another name for the opportunity cost of a commodity?（ ）
选项：
A:marginal rate of return

B:marginal rate of substitution (MRS)

C:revealed comparative advantage

D:marginal rate of transformation (MRT)

答案: 【marginal rate of transformation (MRT)
】

6、单选题：
When countries engage in international trade, specialization tends to be:（ ）
选项：
A:complete with constant costs and incomplete with increasing costs

B:incomplete with constant costs and complete with increasing costs

C:complete with constant costs, and complete with increasing costs

D:incomplete with constant costs and incomplete with increasing costs

答案: 【incomplete with constant costs and complete with increasing costs
】

7、单选题：
Why do increasing opportunity costs of production occur?（ ）
选项：
A:Factors of production are not being used in the same fixed proportion

B:Factors of production are homogeneous

C:Factors of production are completely adaptable to every use

D:None of the above

答案: 【Factors of production are not being used in the same fixed proportion
】

8、单选题：
Nations will have different production possibilities frontiers because of which characteristic?（ ）
选项：
A:differences in degree of industrialization

B:differences in factor endowments

C:differences in community indifference curves

D:differences in marginal costs of production

答案: 【differences in factor endowments
】

9、单选题：
The tastes or demand preferences of a nation are given by:（ ）
选项：
A:production frontiers

B:consumption possibilities curves

C:community indifference curves

D:marginal rate of transformation(MRT)

答案: 【community indifference curves
】

10、判断题：
Increasing opportunity costs result in a production frontier that is convex from the origin.（ ）
选项：
A:错
B:对
答案: 【错】

第四章 单元测试

1、单选题：
Assume both labor and capital are completely mobile, and a nation is capital rich/labor scarce. In order to increase welfare, what kind of trade policy should the government adapt?（ ）
选项：
A:Not restrict trade, because any decline in real wages will be matched with an even larger gain by those who own capital

B:Only restrict trade that will make the real wage fall, and allow trade that will not affect wages

C:Restrict all trade, because the standard of living will decline and people will be worse off

D:Not restrict trade, because the real wage will eventually cycle back to the pre-trade value, eliminating any losses in the standard of living

答案: 【Not restrict trade, because any decline in real wages will be matched with an even larger gain by those who own capital
】

2、单选题：
Which of the following is a part of the Heckscher-Ohlin model that states international trade will bring about equalization in the returns to homogeneous factors across nations?（ ）
选项：
A:Factor-endowment theory

B:Product cycle theory

C:Factor-proportions theory

D:Factor-price equalization theorem

答案: 【Factor-price equalization theorem
】

3、单选题：
The Heckscher-Ohlin theory is often referred to as: （ ）
选项：
A:Factor-price equalization theorem

B:Factor-proportions theory

C:Factor-proportions theory and Factor-endowment theory

D:Factor-endowment theory

答案: 【Factor-proportions theory and Factor-endowment theory
】

4、单选题：
Which of the following is considered to be a short-run version of the factor price equalization theory?（ ）
选项：
A:Product cycle theory

B:Economies of scale theory

C:Specific factors theory

D:Intra-industry trade theory

答案: 【Specific factors theory
】

5、单选题：
According to the specific factors trade theory:（ ）
选项：
A:Owners of factors specific to export industries lose when trade takes place, but owners of factors specific to import-competing industries gain

B:Owners of factors specific to export industries gain when trade takes place, but owners of factors specific to import-competing industries lose

C:Both owners of factors specific to export industries and owners of factors specific to import-competing industries lose from trade

D:Both owners of factors specific to export industries and owners of factors specific to import-competing industries gain from trade

答案: 【Owners of factors specific to export industries gain when trade takes place, but owners of factors specific to import-competing industries lose
】

6、单选题：
In his empirical test of Heckscher and Ohlin’s model, Leontief found that（ ）
选项：
A:the US imported and exported more labor intensive goods.

B:the US imported more capital intensive goods and exported more labor intensive goods.

C:the US imported and exported more capital intensive goods.

D:the US imported more labor intensive goods and exported more capital intensive goods.

答案: 【the US imported more capital intensive goods and exported more labor intensive goods.
】

7、单选题：
Which of the following is not an example of a capital rich nation?（ ）
选项：
A:India

B:Canada

C:Germany

D:Italy

答案: 【India
】

8、判断题：
Non-traded goods and services are those that are not traded because of international barriers to entry, such as exorbitant import tariffs.（ ）
选项：
A:错
B:对
答案: 【错】

第五章 单元测试

1、单选题：
The ______________ hypothesizes that a portion of international trade is based on the introduction of new products or processes:（ ）
选项：
A:product cycle model

B:technological gap model

C:real business cycle model

D:specific-factors model

答案: 【technological gap model
】

2、单选题：
Which theory states that a nation will tend to export commodities intensive in its relatively abundant and cheap factor?（ ）
选项：
A:Stolper-Samuelson theory

B:Intraindustry trade theory

C:Product cycle theory

D:Heckscher-Ohlin theory

答案: 【Heckscher-Ohlin theory
】

3、单选题：
Which of the following would least likely apply to the product cycle theory?（ ）
选项：
A:Computers

B:Coal

C:Digital cameras

D:Televisions

答案: 【Coal
】

4、单选题：
The product cycle model was introduced by:（ ）
选项：
A:Eli Heckscher

B:Wassily Leontief

C:Alfred Marshall

D:Raymond Vernon

答案: 【Raymond Vernon
】

5、单选题：
Which model states that a nation can shift from being a net exporter of a good to a net importer of the same good?（ ）
选项：
A:Specific-factors model

B:Product cycle model

C:Technological gap model

D:Real business cycle model

答案: 【Product cycle model
】

6、单选题：
___________ involves international trade in the differentiated products of the same industry or broad product group.（ ）
选项：
A:Inter-industry trade

B:Intra-national trade

C:Intra-industry trade

D:Product cycle model

答案: 【Intra-industry trade
】

7、单选题：
With ______________, inputs increase proportionately more than the increase in output.（ ）
选项：
A:Decreasing returns to scale

B:Increasing returns to scale

C:Constant returns to scale

D:International returns to scale

答案: 【Decreasing returns to scale
】

8、单选题：
With ______________, inputs increase in direct proportion to the increase in output.（ ）
选项：
A:constant returns to scale

B:increasing returns to scale

C:international returns to scale

D:decreasing returns to scale

答案: 【constant returns to scale
】

9、判断题：
Increasing returns to scale generally exist because of greater division of labor and labor specialization and specialized and productive machinery.（ ）
选项：
A:错
B:对
答案: 【对】

第六章 单元测试

1、单选题：
A tax of 15 percent per imported item would be an example of: ( )
选项：
A:Compound tariff

B:Ad valorem tariff

C:Effective tariff

D:Specific tariff

答案: 【Ad valorem tariff
】

2、单选题：
Suppose that the United States eliminates its tariff on steel imports, permitting foreign-produced steel to enter the U.S. market. Steel prices to U.S. consumers would be expected to:（ ）
选项：
A:Increase, and the foreign demand for U.S. exports would increase

B:Increase, and the foreign demand for U.S. exports would decrease

C:Decrease, and the foreign demand for U.S. exports would increase

D:Decrease, and the foreign demand for U.S. exports would decrease

答案: 【Decrease, and the foreign demand for U.S. exports would increase
】

3、单选题：
When a government allows raw materials and other intermediate products to enter a country duty free, its tariff policy generally results in a: （ ）
选项：
A:Fall in both nominal and effective tariff rates

B:Rise in both nominal and effective tariff rates

C:Nominal tariff rate less than the effective tariff rate

D:Effective tariff rate less than the nominal tariff rate

答案: 【Nominal tariff rate less than the effective tariff rate
】

4、单选题：
The principal benefit of tariff protection goes to: （ ）
选项：
A:Domestic consumers of the good produced

B:Foreign producers of the good produced

C:Foreign consumers of the good produced

D:Domestic producers of the good produced

答案: 【Domestic producers of the good produced
】

5、单选题：
Which of the following policies permits a specified quantity of goods to be imported at one tariff rate and applies a higher tariff rate to imports above this quantity?（ ）
选项：
A:Specific tariff

B:Tariff quota

C:Ad valorem tariff

D:Import tariff

答案: 【Tariff quota
】

6、单选题：
When the production of a commodity does not utilize imported inputs, the effective tariff rate on the commodity: ( )
选项：
A:None of the above

B:Equals the nominal tariff rate on the commodity

C:Exceeds the nominal tariff rate on the commodity

D:Is less than the nominal tariff rate on the commodity

答案: 【Equals the nominal tariff rate on the commodity
】

7、单选题：
Should Canada（a large nantion）impose a tariff on imports, one would expect Canada’s: （ ）
选项：
A:Terms of trade to improve and volume of trade to decrease

B:Terms of trade to worsen and volume of trade to increase

C:Terms of trade to worsen and volume of trade to decrease

D:Terms of trade to improve and volume of trade to increase

答案: 【Terms of trade to improve and volume of trade to decrease
】

8、判断题：
A ad valorem tariff provides domestic producers a declining degree of protection against import-competing goods during periods of changing prices.（ ）
选项：
A:错
B:对
答案: 【错】

9、判断题：
When material inputs enter a country at a very low duty while the final imported product is protected by a high duty, the result tends to be a high rate of protection for domestic producers of the final product. （ ）
选项：
A:对
B:错
答案: 【对】

10、判断题：
A nation whose imports constitute a very small portion of the world market supply is a price taker, facing a constant world price for its import commodity. （ ）
选项：
A:对
B:错
答案: 【对】

第七章 单元测试

1、单选题：
Because export subsidies tend to result in domestic exporters charging lower prices on their goods sold overseas, the home country’s: ( )
选项：
A:Export revenues will rise

B:Export revenues will decrease

C:Terms of trade will worsen

D:Terms of trade will improve

答案: 【Terms of trade will worsen
】

2、单选题：
Compared to an import quota, an equivalent tariff may provide a less certain amount of protection for home producers since: ( )
选项：
A:A tariff has no deadweight loss in terms of production and consumption

B:Quotas do not result in increases in the price of the imported good

C:Tariffs are effective only if home demand is perfectly elastic

D:Foreign firms may absorb the tariff by offering exports at lower prices

答案: 【Foreign firms may absorb the tariff by offering exports at lower prices
】

3、单选题：
If a tariff and an import quota lead to equivalent increases in the domestic price of steel, then: ( )
选项：
A:The tariff results in efficiency reductions but the quota does not

B:The quota results in efficiency reductions but the tariff does not

C:They have identical impacts on how much is produced and consumed

D:They have identical impacts on how income is distributed

答案: 【They have identical impacts on how much is produced and consumed
】

4、单选题：
Import quotas tend to  all of the following except: ( )
选项：
A:Domestic consumers of the imported good being harmed

B:Prices increasing in the importing country

C:Prices falling in the exporting country

D:Domestic producers of the imported good being harmed

答案: 【Domestic producers of the imported good being harmed
】

5、单选题：
To maintain that South Koreans are dumping their VCRs in the United States is to maintain that: ( )
选项：
A:The cost of manufacturing VCRs in Korea is lower in Korea than in the United States since wages are lower in Korea

B:The cost of manufacturing VCRs in Korea is higher in Korea than in the United States since wages are higher in Korea

C:Koreans are selling VCRs in the United States below their production cost

D:Koreans are selling VCRs in the United States above their production cost

答案: 【Koreans are selling VCRs in the United States below their production cost
】

6、判断题：
An import quota is a physical restriction on the quantity of goods that may be imported during a specified time period. ( )
选项：
A:错
B:对
答案: 【对】

7、判断题：
To the extent that subsidies granted to exporting firms reduce the foreign price of their goods, the subsidizing country’s terms of trade improved. ( )
选项：
A:对
B:错
答案: 【错】

8、判断题：
International dumping occurs when foreign buyers are charged higher prices than domestic buyers for an identical product, after allowing for transportation costs and tariff duties. ( )
选项：
A:错
B:对
答案: 【错】

9、判断题：
Predatory dumping would occur if Toyota Inc. of Japan sells autos to U.S. consumers at lower prices than to Japanese consumers in order to put Chrysler Inc. out of business. ( )
选项：
A:对
B:错
答案: 【对】

第八章 单元测试

1、单选题：
For most developing countries:（ ）
选项：
A:Population growth and illiteracy rates are low

B:Savings and investment levels are high

C:Productivity is high among domestic workers

D:Agricultural goods and raw material tend to make up much of domestic output

答案: 【Agricultural goods and raw material tend to make up much of domestic output
】

2、单选题：
Which of the following is one of the advantages of export-oriented industrialization?（ ）
选项：
A:It is easier for developing nations to protect their domestic market against foreign competition than to force developed nations to lower trade barriers against their manufactured exports

B:It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale

C:Foreign firms are induced to establish so-called tariff factories to overcome the tariff wall of developing nations

D:The market for the industrial product exists domestically, as evidenced by imports of the commodity, so that risks are reduced in setting up an industry to replace imports

答案: 【It overcomes the smallness of the domestic market and allows a developing nation to take advantage of economies of scale
】

3、单选题：
Which of the following is not a characteristic of a developing country?（ ）
选项：
A:A high illiteracy rate

B:A high proportion of the labor force in agriculture

C:Low population growth rate

D:Low life expectancy

答案: 【Low population growth rate
】

4、单选题：
Which of the following would be more likely to have countries using trade primarily as a vent for agricultural surplus?（ ）
选项：
A:Southeast Asia

B:North Korea

C:North America

D:Eastern Europe

答案: 【Southeast Asia
】

5、单选题：
Which of the following countries or area is NOT characterized by rapid growth in gross domestic product in industrial production and manufactured exports? （ ）
选项：
A:Korea

B:Hong Kong, China

C:Chile

D:Singapore

答案: 【Chile
】

6、单选题：
Which of the following is NOT one of the three main disadvantages of an import-substitution industrialization strategy?（ ）
选项：
A:After the simpler manufactured imports are replaced by domestic production, import substitution becomes more and more difficult and costly as more capital-intensive and technological advanced imports have to be replaced by domestic production

B:Import substitution can lead to inefficient industries because of the smallness of the domestic market in many developing nations

C:Export volume can grow fast.

D:Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient

答案: 【Export volume can grow fast.
】

7、单选题：
Which of the following is NOT one of the most serious problems facing developing countries today?（ ）
选项：
A:The gradually reducing fertility rates

B:The conditions of stark poverty prevailing in many countries

C:The unsustainable foreign debt of some of the poorest developing countries

D:The remaining trade protectionism of developed countries against developing countries exports

答案: 【The gradually reducing fertility rates
】

8、单选题：
Which of the following is one of the three main disadvantages of an import-substitution industrialization strategy?( )
选项：
A:Developed nations often provide a high level of effective protection for their industries producing simple labor-intensive commodities in which developing nations already have or can soon acquire a comparative advantage

B:The domestic firms can share and corporate with foreign firms in large international market.

C:Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient

D:It may be very difficult for developing nations to set up export industries because of the competition from the more established and efficient industries in developed nations

答案: 【Domestic industries can grow accustomed to protection from foreign competition and have no incentive to become more efficient
】

9、判断题：
The infant-industry argument states that temporary trade protection is needed to protect a new industry against competition from more established and efficient foreign firms.（ ）
选项：
A:错
B:对
答案: 【对】

第九章 单元测试

1、单选题：
Which of the following represents the stage where economic integration is most complete? ( )
选项：
A:Monetary union

B:Common market

C:Customs union

D:Economic union

答案: 【Monetary union
】

2、单选题：
Which of the following represents the stage where economic integration is least complete? ( )
选项：
A:Monetary union

B:Free trade area

C:Common market

D:Customs union

答案: 【Free trade area
】

3、单选题：
Customs union theory reasons that the formation of a customs union will decrease members’ real welfare when the: ( )
选项：
A:Trade diversion effect exceeds the trade creation effect

B:Trade production effect exceeds the trade consumption effect

C:Trade creation effect exceeds the trade diversion effect

D:Trade consumption effect exceeds the trade production effect

答案: 【Trade diversion effect exceeds the trade creation effect
】

4、单选题：
Which economic integration scheme is solely intended to abolish trade restrictions among member countries, while setting up common tariffs against nonmembers? ( )
选项：
A:Free trade area

B:Customs union

C:Common market

D:Economic union

答案: 【Customs union
】

5、单选题：
When products from high-cost suppliers within a customs union replace imports from a low-cost nation that is not a member of the customs union, there exist(s): ( )
选项：
A:Dynamic welfare gains

B:Trade creation

C:Dynamic welfare losses

D:Trade diversion

答案: 【Trade diversion
】

6、单选题：
Which form of economic integration occurs when participating countries abolish tariffs on trade among themselves, establish a common tariff on imports from nonmembers, and permit free movement of capital and labor within the organization? ( )
选项：
A:Economic union

B:Monetary union

C:Common market

D:Free trade area

答案: 【Common market
】

7、判断题：
Trade creation tends to more than offset trade diversion for a home country forming a customs union with partner countries when: (1) the tariff rate in the home country is high prior to the formation of the customs union; (2) there are a large number of countries forming the customs union. ( )
选项：
A:错
B:对
答案: 【对】

8、判断题：
If Chile and Mexico form a free-trade agreement, the welfare of the two countries will necessarily increase. ( )
选项：
A:错
B:对
答案: 【错】

9、判断题：
Economic integration is the process of eliminating restrictions on international trade, payments, and factor mobility. ( )
选项：
A:对
B:错
答案: 【对】

10、判断题：
For countries forming a customs union, the trade-creation effect represents a welfare loss and the trade-diversion effect represents a welfare gain. ( )
选项：
A:对
B:错
答案: 【错】

第十章 单元测试

1、单选题：
The purchase of purely financial assets, such as bonds and stocks, is called:（ ）
选项：
A:corporate investment

B:direct investment

C:bond investment

D:indirect investment

答案: 【indirect investment
】

2、单选题：
__________ allow the investor to lend capital to get fixed payouts or regular returns, then receive the face value at a date in the future.（ ）
选项：
A:Mutual funds

B:Stocks

C:Dividends

D:Bonds

答案: 【Bonds
】

3、单选题：
Real investment in factories, capital goods, land, and inventories where the investor retains control over the use of the invested capital is referred to as:（ ）
选项：
A:Portfolio investment

B:Corporate investment

C:Direct investment

D:Indirect investment

答案: 【Direct investment
】

4、单选题：
___________ often takes the form of starting a subsidiary or taking control of another firm.（ ）
选项：
A:Private investment

B:Indirect investment

C:Direct investment

D:Portfolio investment

答案: 【Direct investment
】

5、单选题：
The basic motive for international portfolio investments is:（ ）
选项：
A:to earn returns domestically on incomes earned abroad

B:to earn higher returns abroad than are possible domestically

C:to earn returns abroad that cannot be taxed domestically

D:to earn higher returns domestically than are possible abroad

答案: 【to earn higher returns abroad than are possible domestically
】

6、单选题：
Two-way international capital flows is often explained by the element of ______.（ ）
选项：
A:risk

B:diminishing marginal returns

C:higher returns in other countries

D:specialization

答案: 【risk
】

7、单选题：
In general, ___________________ on all types of investment.（ ）
选项：
A:the lower the risk, the greater the return

B:the greater the risk, the greater the return

C:there is no relationship between risk and return

D:the lower the interest rates, the lower the return

答案: 【the greater the risk, the greater the return
】

8、单选题：
It has been found that firms with a strong international orientation tend to ______________.（ ）
选项：
A:be more profitable than those that are wholly domestic

B:be less profitable than those that are wholly domestic

C:earn only accounting profit, not economic profit

D:have greater variability in profits than purely domestic firms

答案: 【be more profitable than those that are wholly domestic
】

9、单选题：
When a multinational corporation controls the raw material used in the production of its final good, which of these will likely occur?（ ）
选项：
A:the MNC will face anti-trust charges for owning firms that produce both the raw material and the final good

B:consumers will pay higher prices for the good

C:consumers will pay lower prices for the good

D:the MNC will obtain an uninterrupted supply of the raw material at the lowest possible cost

答案: 【the MNC will obtain an uninterrupted supply of the raw material at the lowest possible cost
】

10、判断题：
Forward vertical integration has been the most common form of direct foreign investments in developing countries and in some mineral-rich developed countries.（ ）
选项：
A:对
B:错
答案: 【错】

第十一章 单元测试

1、单选题：
On the balance-of-payments statements, merchandise imports are classified in the: ( )
选项：
A:Current account

B:Capital account

C:Unilateral transfer account

D:Official settlements account

答案: 【Current account
】

2、单选题：
Which of the following is considered a capital inflow? ( )
选项：
A:A China citizen’s repayment of a loan from a foreign bank

B:A sale of China financial assets to a foreign buyer

C:A loan from a China bank to a foreign borrower

D:A purchase of foreign financial assets by a China buyer

答案: 【A sale of China financial assets to a foreign buyer
】

3、单选题：
Which of the following is classified as a credit in the U.S. balance of payments? ( )
选项：
A:China’s gifts to other countries

B:China exports

C:A flow of gold out of the China

D:Foreign loans made by China companies

答案: 【China exports
】

4、单选题：
When all of the debit or credit items in the balance of payments are combined: ( )
选项：
A:Services exports equal services imports

B:Merchandise imports equal merchandise exports

C:The total surplus or deficit equals zero

D:Capital imports equal capital exports

答案: 【The total surplus or deficit equals zero
】

5、单选题：
All of the following are debit items in the balance of payments, except: ( )
选项：
A:Capital outflows

B:Private gifts to foreigners

C:Merchandise exports

D:Foreign aid granted to other nations

答案: 【Merchandise exports
】

6、判断题：
The balance of payments refers to the stock of trade and investment transactions that exists at a particular point in time. ( )
选项：
A:对
B:错
答案: 【错】

7、判断题：
Referring to the balance-of-payments statement, an international transaction refers to the exchange of goods, services, and assets between residents of one country and those abroad. ( )
选项：
A:错
B:对
答案: 【对】

8、判断题：
Because the balance of payments utilizes double-entry accounting, merchandise exports will always be in balance with merchandise imports. ( )
选项：
A:对
B:错
答案: 【错】

9、判断题：
An increase in import restrictions by the U.S. government tends to promote a merchandise-trade surplus. ( )
选项：
A:错
B:对
答案: 【对】

10、判断题：
Because the balance of payments is a record of the economic transactions of a country over a period of time, it is a “flow” concept. ( )
选项：
A:错
B:对
答案: 【对】

第十二章 单元测试

1、单选题：
Which of the following is not a speculative foreign exchange transaction（ )
选项：
A:Hedging

B:Multilateral arbitrage

C:arbitrage

D:Bilateral arbitrage

答案: 【arbitrage
】

2、单选题：
The economic meaning of covered interest rate parity is ( ).
选项：
A:The expected forward rate of change is equal to the difference between the interest rates of the two currencies

B:The forward rate of discount is equal to the sum of the two countries’ currency interest rates

C:The expected forward rate of change is equal to the sum of the two currencies’ interest rates

D:The forward premium rate is equal to the difference between the interest rates of two countries

答案: 【The forward premium rate is equal to the difference between the interest rates of two countries
】

3、单选题：
The exchange rate system that is most likely to incur the impact of international hot money is ( ).
选项：
A:Free floating

B:Joint floating

C:separate floating

D:fixed

答案: 【fixed
】

4、多选题：
The main purpose of intervention in the foreign exchange market is( )
选项：
A:adjust the development trend of exchange rates

B:Improving the balance of payments

C:Avoiding chaos in foreign exchange markets

D:Promote the coordination of domestic monetary policies and foreign exchange policies

答案: 【adjust the development trend of exchange rates
;Improving the balance of payments
;Avoiding chaos in foreign exchange markets
;Promote the coordination of domestic monetary policies and foreign exchange policies
】

5、多选题：
In the positive market case, for commodity futures, the following statement is true( )
选项：
A:Recent contracts fall more than forward contracts when the market falls

B:When the market rises, the recent contract rises less than the forward contract

C:When the market rises, the recent contract rises more than the forward contract

D:Recent contracts fall less than forward contracts when the market falls

答案: 【When the market rises, the recent contract rises more than the forward contract
;Recent contracts fall less than forward contracts when the market falls
】

6、多选题：
The main factors to be considered in the selection of a country’s exchange rate regime are as follows( )
选项：
A:Structural characteristics of the national economy

B:Regional economic cooperation

C:Restrictions of international and domestic economic conditions

D:specific policy purposes

答案: 【Structural characteristics of the national economy
;Regional economic cooperation
;Restrictions of international and domestic economic conditions
;specific policy purposes
】

7、判断题：
When the customer purchases foreign exchange at the foreign exchange bank, the transaction price shall be the buying price of foreign exchange.( )
选项：
A:对
B:错
答案: 【错】

8、判断题：
According to the narrow sense of static foreign exchange concept, foreign currency notes are foreign exchange.( )
选项：
A:对
B:错
答案: 【错】

9、判断题：
Forward exchange rate refers to the exchange rate used by the buyer and the seller for future transaction and delivery.( )
选项：
A:对
B:错
答案: 【错】

第十三章 单元测试

1、单选题：
The founder of purchasing power parity theory is ( ).
选项：
A:Kassel

B:Mondale

C:John Maynard Keynes,

D:Tinbergen

答案: 【Kassel
】

2、单选题：
According to the interest rate parity theory, when the forward foreign exchange rate is premium, it means that the domestic interest rate( )
选项：
A:higher than foreign exchange rates

B:lower than foreign exchange rates

C:Not sure

D:is equal to the foreign exchange rate

答案: 【higher than foreign exchange rates
】

3、多选题：
Generally speaking, the impact of exchange rate instability on the international economy is shown as follows( )
选项：
A:exacerbate the turmoil in the international financial markets

B:promote the unification of the international reserve currency

C:increase the chance of speculation

D:hinder the normal development of international trade

答案: 【exacerbate the turmoil in the international financial markets
;increase the chance of speculation
】

4、多选题：
The conditions that enable a country to reduce its exposure to exchange rate fluctuations are( )
选项：
A:Low degree of economic opening to the outside world

B:High degree of economic opening to the outside world

C:Single structure of commodity production

D:Diversity of commodity production

答案: 【Low degree of economic opening to the outside world
;Diversity of commodity production
】

5、多选题：
Under the fixed exchange rate system, the monetary authorities of various countries take measures to maintain the upper and lower limits of exchange rate fluctuations( )
选项：
A:use foreign exchange reserves to intervene in the foreign exchange market

B:Increase the money supply

C:Implement exchange control

D:Discount policy

答案: 【use foreign exchange reserves to intervene in the foreign exchange market
;Discount policy
】

6、判断题：
In the theory of purchasing power parity, absolute purchasing power parity is used to predict real exchange rate.( )
选项：
A:对
B:错
答案: 【错】

7、判断题：
The theoretical basis of PPP theory is the law of one price.( )
选项：
A:错
B:对
答案: 【对】

第十四章 单元测试

1、单选题：
The Marshall-Lerner condition can be used to determine ( ).
选项：
A:Balance of payments

B:Impact degree of currency depreciation on international balance of payments

C:Degree of currency depreciation

D:The impact of exchange rate fluctuations on international balance of payments

答案: 【Impact degree of currency depreciation on international balance of payments
】

2、单选题：
According to the absorption analysis method of international balance of payments, depreciation must have ( ) in order to improve the trade balance
选项：
A:Spare resources

B:The marginal absorption propensity is greater than 1

C:The marginal propensity to absorb is less than 1

D:Full employment

答案: 【The marginal propensity to absorb is less than 1
】

3、单选题：
What is wrong with the J-curve effect is that( )
选项：
A:the more elastic the demand for imports is, the longer the J curve lasts

B:the stronger the adjustment ability of output, the shorter the duration of J curve

C:The more inelastic the demand for exports, the longer the J curve lasts

D:the more substitutes, the shorter the duration of the J curve

答案: 【the more elastic the demand for imports is, the longer the J curve lasts
】

4、多选题：
Which of the following does not make the J-curve effect more pronounced?( )
选项：
A:Firms can rapidly expand their production capacity

B:The foreign importer has a large stock

C:Information is fast

D:High elasticity of demand in the short run

答案: 【Firms can rapidly expand their production capacity
;Information is fast
;High elasticity of demand in the short run
】

5、多选题：
The income redistribution effect on absorption effect, the following above is correct ( )
选项：
A:Rising prices shift a bigger share of real incomes into government taxes

B:Prices rise before wages, which translates into profits for entrepreneurs

C:Rising prices transfer income from the fixed-money income group to the rest of society

D:The trade balance improves as income moves from a low marginal absorption propensity to a high marginal absorption propensity

答案: 【Rising prices shift a bigger share of real incomes into government taxes
;Prices rise before wages, which translates into profits for entrepreneurs
;Rising prices transfer income from the fixed-money income group to the rest of society
】

6、判断题：
Both the elasticity analysis and absorption analysis of the balance of payments do not consider the capital and financial accounts of the balance of payments.( )
选项：
A:错
B:对
答案: 【对】

7、判断题：
The Marshall – Lerner condition shows that under the condition that the demand elasticity of import and export commodities tends to infinity, if the sum of supply elasticity of import and export commodities is greater than 1, then currency depreciation can improve the international balance of payments.( )
选项：
A:对
B:错
答案: 【错】

8、判断题：
As long as the income effects of depreciation are positive, the balance of payments position can be improved.( )
选项：
A:对
B:错
答案: 【错】

第十五章 单元测试

1、单选题：
In the following cases, the maximum elasticity of the aggregate demand curve occurs when( )
选项：
A:Closed economy with high interest rates

B:Closed economy with low interest rates

C:Open economy with fixed exchange rate

D:Open economy and floating exchange rate

答案: 【Open economy and floating exchange rate
】

2、多选题：
The objectives involved in macroeconomic equilibrium generally include( )
选项：
A:balance of payments

B:Full employment

C:Price stability

D:Economic growth

答案: 【balance of payments
;Full employment
;Price stability
;Economic growth
】

3、多选题：
What is wrong with the following statement( )
选项：
A:BP curve with limited capital flow is a horizontal line.

B:Fiscal policy is more effective than monetary policy in achieving external equilibrium.

C:Achieving internal and external equilibrium at the same time requires at least two independent policy instruments.

D:Floating exchange rate helps a country maintain its independence of monetary policy.

答案: 【BP curve with limited capital flow is a horizontal line.
;Fiscal policy is more effective than monetary policy in achieving external equilibrium.
】

4、判断题：
A country simultaneously achieves internal and external equilibrium at the intersection of IS, LM and BP curves.( )
选项：
A:错
B:对
答案: 【对】

5、判断题：
The policy tools that can affect international competitiveness are called expenditure-changing policies.( )
选项：
A:对
B:错
答案: 【错】

6、判断题：
The aggregate demand curve shows that when prices go up, aggregate demand goes up.( )
选项：
A:错
B:对
答案: 【错】