国际经济学期末考试计算题参考

Table:DemandandSupplyofTVsinAustraliaPriceofTVs($)QuantityDemanded（thousand）QuantitySupplied(thousand)50005040010403002030200302010040100500AssumethenationofAustraliais“small,”unabletoinfluenceworldprice,ItsdemandandsupplyschedulesforTVsareshowninTable.Usinggraphpaper,plotthedemandandsupplyschedulesonthesamegraph.a.Underfree-tradeconditions,supposeAustraliaimportsTVsatapriceof$100each.(1)HowmanyTVswillbeproduced,consumed,and(2)CalculatethedollarvalueofAustralianconsumer’ssurplusandproducer’ssurplus.b.Toprotectitsproducersfromforeigncompetition,supposetheAustraliangovernmentleviesaspecifictariffof$100onTVimported.(1)DetermineandshowgraphicallytheeffectsofthetariffonthepriceofTVsinAustralia,thequantityofTVssuppliedbyAustralianproducers,thequantityofTVsdemandedbyAustralianconsumers,andthevolumeoftrade.(2)CalculatetheeffectonAustralianconsumer’ssurplusandsupplier’ssurplusduetothetariff-inducedincreaseinthepriceofTVs.(3)Calculatethevalueofthetariff’srevenueeffects,redistributioneffectandprotectiveeffectandconsumptioneffect.(4)WhatistheamountofdeadweightlossimposedontheAustralianeconomybythetariff?Supposethat$80ofimportedwoolgoesintothedomesticproductionofasuit.supposealsothatthefreetradepriceofthesuitis$100butthenationimposea10percentnominaltariffoneachimportedsuit.a)calculatetheeffectiverateofprotectionimposedonthesuit.b)Discusstherelationshipbetweentherateofeffectiveprotectionandthenominaltariffrateonthesuit.c)Whatisthemostseriousshortcomingoftheconceptandmeasureofeffectiveprotection?IntheUnitedStatesInFranceLaborhourstomake:1gallonofWine411poundofCheese32(1)Whatistherelativepriceofcheese(thepriceofcheeseintermsofwine)inFranceandinU.S.iftheydonotengageintrade?(2)AssumetheUnitedStatesandFrancetradeonlywitheachother.Whatistheadvantageofeachcountry?(3)OncetradebetweentheUnitedStatesandFranceopens,whatrangecanweanticipatethattheinternationalpriceofwinewillbe?1.Aroughmeasureofthedegreeofeconomicinterdependenceofanationisgivenby:（）a.thesizeofthenations'populationb.thepercentageofitspopulationtoitsGDPc.hepercentageofanation'simportsandexportstoitsGDPd.alloftheabove2.Ifthenation'stastesforitsimportcommodityincreases:a.thenation'soffercurverotatestowardtheaxismeasuringitsimportcommodityb.thepartner'soffercurverotatestowardtheaxismeasuringitsimportcommodityc.thepartner'soffercurverotatestowardtheaxismeasuringitsexportcommodityd.thenation'soffercurverotatestowardtheaxismeasuringitsexportcommodity3.Nation1'sshareofthegainsfromtheexportofcommodityXwillbegreater:()a.thegreaterisnation1'sdemandfornation2'sexportsb.thecloserPx/Pywithtradesettlestonation2'spretradePx/Pyc.theweakerisnation2'sdemandfornation1'sexportsd.thecloserPx/Pywithtradesettlestonation1'spretradePx/Py4.Whenw/rfalls,L/K()a.fallsintheproductionofbothcommoditiesb.canriseorfallc.risesintheproductionofbothcommoditiesd.isnotaffected5.Ifthetermsoftradeofanationare1.5inatwo-nationworld,thoseofthetradepartnerare:()a.3/4b.2/3c.3/2d.4/36.WhichofthefollowingassumptionsoftheHeckscher-Ohlintheory,whenrelaxed,requirenewtradetheories?()a.Economiesofscaleb.incompletespecializationc.similartastesinbothnationsd.theexistenceoftransportationcosts7.Whichofthefollowingreferstothelossconsumersintheimportingcountrysufferbasedontheirreductionintheconsumptionofagoodafteratariffisimposedonthatgood?a.Productioneffect.b.Tariffrevenue.c.Deadweightloss.d.Consumersurplus.8.Oneofthereasonsthatprotectionistsandgovernmentofficialsmayfavorusingaquotainsteadofatariffis:()a.Quotasgeneratemorerevenueforthegovernmentthandotariffs.b.Aquotaensuresthatthequantityofimportsisstrictlylimited.c.Quotascreatelessmarketdistortionsthandotariffs.d.Quotasgivelesspowertopoliticiansthandotariffs.9.TheLeontiefparadoxreferstotheempiricalfindingthatU.S.（）a.importsubstitutesaremoreK-intensivethanexportsb.importsaremoreK-intensivethanexportsc.exportsaremoreL-intensivethanimportsd.exportsaremoreK-intensivethanimportsubstitutes10.Ifanationexportstwiceasmuchofadifferentiatedproductthatitimports,itsintra-industry(T)indexisequalto:a.1.00b.0.75c.0.50d.0.251、Argumentsforfreetradearesometimesdisregardedbypoliticiansbecause:a.Maximizingdomesticefficiencyisnotconsideredimportantb.Maximizingconsumerwelfaremaynotbeachiefpriorityc.Thereexistsoundeconomicreasonsforkeepingone’seconomyisolatedfromothereconomiesd.Economiststendtofavorhighlyprotecteddomesticmarkets2、TheHeckscher-Ohlintheoryexplainscomparativeadvantageastheresultofdifferencesincountries’:a.Economiesoflarge-scaleproduction.b.Relativeabundanceofvariousresourcesc.Relativecostsoflabor.d.Researchanddevelopment.3、Iftastesareidenticalbetweencountriesthencomparativeadvantageisdeterminedby:a.supplyconditionsonly.b.demandconditionsonly.c.supplyanddemandconditions.d.can’ttellwithoutmoreinformation.4、Ataxof20centsperunitofimportedcheesewouldbeanexampleof:a.Compoundtariffb.Effectivetariffc.Advaloremtariffd.Specifictariff5、Freetradersmaintainthatanopeneconomyisadvantageousinthatitprovidesallofthefollowingexcept:a.Increasedcompetitionforworldproducersb.Awiderselectionofproductsforcon