文档库 最新最全的文档下载
当前位置:文档库 › 国际经济学题库

国际经济学题库

国际经济学题库
国际经济学题库

International Economics, 8e (Krugman)

Chapter 14 Money, Interest Rates, and Exchange Rates

14.1 Money Defined: A Brief Review

1) The exchange rate between currencies depends on

A) the interest rate that can be earned on deposits of those currencies.

B) the interest rate that can be earned on deposits of those currencies and the expected future exchange

rate.

C) the expected future exchange rate.

D) national output.

E) None of the above.

Answer: B

Question Status: Previous Edition

2) Money serves as

A) a medium of exchange.

B) a unit of account.

C) a store of value.

D) All of the above.

E) Only A and B.

Answer: D

Question Status: Previous Edition

3) Money includes

A) currency.

B) checking deposits held by households and firms.

C) deposits in the foreign exchange markets.

D) Both A and B.

E) A, B, and C.

Answer: D

Question Status: Previous Edition

4) In the United States at the end of 2006, the total money supply, M1, amounted to approximately

A) 10 percent of that year's GNP.

B) 20 percent of that year's GNP.

C) 30 percent of that year's GNP.

D) 40 percent of that year's GNP.

E) 50 percent of that year's GNP.

Answer: A

Question Status: Previous Edition

5) What are the main functions of money?

Answer: Money serves in general three important functions: a medium of exchange; a unit of account; and a store of value. As a medium of exchange, money avoids going back to a barter economy, with the

enormous search costs connected with it. As a unit of account, the use of money economizes on the

number of prices an individual faces. Consider an economy with N goods, then one needs only (N - 1)

prices. As a store of value, the use of money in general ensures that you can transfer wealth between

periods.

Question Status: Previous Edition

14.2 The Demand for Money by Individuals

1) Individuals base their demand for an asset on

A) the expected return the asset offers compared with the returns offered by other assets.

B) the riskiness of the asset's expected return.

C) the asset's liquidity.

D) All of the above.

E) Only A and B.

Answer: D

Question Status: Previous Edition

2) The family summer house on Cape Code pays a return in the form of

A) interest rate.

B) capital gains.

C) the pleasure of vacations at the beach.

D) A, B, and C.

E) B and C only.

Answer: E

Question Status: Previous Edition

3) In a world with money and bonds only,

A) it is not risky to hold money.

B) it is risky to hold money.

C) risk is an important factor in the demand for money.

D) there is no relationship between risk and holding money.

E) None of the above.

Answer: B

Question Status: Previous Edition

4) Which one of the following statements is the most accurate?

A) A rise in the average value of transactions carried out by a household or a firm causes its demand for

money to fall.

B) A reduction in the average value of transactions carried out by a household or a firm causes its demand

for money to rise.

C) A rise in the average value of transactions carried out by a household or a firm causes its demand for

money to rise.

D) A rise in the average value of transactions carried out by a household or a firm causes its demand for

real money to rise.

E) None of the above.

Answer: D

Question Status: Previous Edition

5) An individual's need for liquidity would be up if:

A) the average value of transactions carried out by the individual fell.

B) the average value of transactions carried out by the individual rose.

C) the individual got a raise.

D) the individual received a new ATM card.

E) None of the above.

Answer: B

Question Status: Previous Edition

Answer: Three main factors: first, the expected return the asset offers compared with the returns offered by other assets; second, the riskiness of the asset's expected return; and third, the asset's liquidity.

Question Status: Previous Edition

14.3 Aggregate Money Demand

1) The aggregate money demand depends on

A) the interest rate.

B) the price level.

C) real national income.

D) All of the above.

E) Only A and C.

Answer: D

Question Status: Previous Edition

2) If there is initially

A) excess demand for money, the interest rate falls, and if there is initially an excess supply, it rises.

B) excess supply of money, the interest rate falls, and if there is initially an excess demand, it rises.

C) excess supply of money, the interest rate increases, and if there is initially an excess demand, it falls.

D) excess supply of money, the interest rate falls, and if there is initially an excess demand, it further falls.

E) None of the above.

Answer: B

Question Status: Previous Edition

3) Which one of the following statements is the most accurate?

A) A decrease in the money supply lowers the interest rate while an increase in the money supply raises

the interest rate, given the price level and output.

B) An increase in the money supply lowers the interest rate while a fall in the money supply raises the

interest rate, given the price level.

C) An increase in the money supply lowers the interest rate while a fall in the money supply raises the

interest rate, given the output level.

D) An increase in the money supply lowers the interest rate while a fall in the money supply raises the

interest rate, given the price level and output.

E) None of the above.

Answer: D

Question Status: Previous Edition

4) An increase in

A) nominal output raises the interest rate while a fall in real output lowers the interest rate, given the price

level and the money supply.

B) real output decreases the interest rate while a fall in real output increases the interest rate, given the

price level.

C) real output raises the interest rate while a fall in real output lowers the interest rate, given the money

supply.

D) nominal output raises the interest rate while a fall in real output lowers the interest rate, given the price

level.

E) real output raises the interest rate while a fall in real output lowers the interest rate, given the price

level and the money supply.

Answer: E

Question Status: Previous Edition

A) Md = P × L(R,Y).

B) Md = L × P(R,Y).

C) Md = P × Y(R, L).

D) Md = R × L(P,Y).

E) Md = R × L(R, P).

Answer: A

Question Status: Previous Edition

6) What are the main factors determining the aggregate money demand?

Answer: Three main factors: interest rate, the price level and real national income. A rise in the interest rate causes each individual in the economy to reduce her demand for money. If the price level rises,

individual households and firms will spend more money than before. When real national income

(GNP) rises the demand for money will rise.

Question Status: Previous Edition

7) Explain why one can write the demand for money as follows:

M d = PxL (R, Y)

Answer: The aggregate money demand is proportional to the price level. Imagine that all prices in an economy doubled, but the interest rate and everyone's real incomes remained unchanged. Then, the money

value of each individual's average daily transactions would then simply double, as would the amount

of money each wishes to hold.

Question Status: Previous Edition

14.4 The Equilibrium Interest Rate: The Interaction of Money Supply and Demand

1) The aggregate real money demand schedule L(R,Y)

A) slopes upward because a fall in the interest rate raises the desired real money holdings of each

household and firm in the economy.

B) slopes downward because a fall in the interest rate reduces the desired real money holdings of each

household and firm in the economy.

C) has a zero slope because a fall in the interest rate keeps constant the desired real money holdings of

each household and firm in the economy.

D) slopes downward because a fall in the interest rate raises the desired real money holdings of each

household and firm in the economy.

E) None of the above.

Answer: D

Question Status: Previous Edition

2) For a given level of

A) nominal GNP, changes in interest rates cause movements along the L(R,Y) schedule.

B) real GNP, changes in interest rates cause a decrease of the L(R,Y) schedule.

C) real GNP, changes in interest rates cause an increase of the L(R,Y) schedule.

D) nominal GNP, changes in interest rates cause an increase in the L(R,Y) schedule.

E) real GNP, changes in interest rates cause movements along the L(R,Y) schedule.

Answer: E

Question Status: Previous Edition

A)

horizontal because M S is set by the central bank while P is taken as given.

B)

horizontal because M S is set by the central bank.

C)

vertical because M S is set by the households and firms while P is taken as given.

D)

vertical because M S and P are set by the central bank.

E)

vertical because M S is set by the central bank while P is taken as given.

Answer: E

Question Status: Previous Edition

4) If individuals are holding more money than they desire,

A) they will attempt to reduce their liquidity by using money to purchase goods.

B) they will attempt to reduce their liquidity by using money to purchase interest-bearing assets.

C) they will attempt to reduce their liquidity by converting real money holdings into nominal money

holdings.

D) they will keep their holdings constant.

Answer: B

Question Status: New

5) If there is an excess supply of money:

A) the interest rate falls.

B) the interest rate rises.

C) the real money supply shifts left to make an equilibrium.

D) the real money supply shifts right to make an equilibrium.

E) A and C.

Answer: A

Question Status: Previous Edition

6) A reduction in a country's money supply causes:

A) its currency to depreciate in the foreign exchange market.

B) its currency to appreciate in the foreign exchange market.

C) does not affect its currency in the foreign market.

D) does affect its currency in the foreign market in an ambiguous manor.

E) affects other countries currency in the foreign market.

Answer: B

Question Status: Previous Edition

7) What will be the effects of an increase in the money supply on the interest rate?

Answer: An increase in the money supply will cause interest rate to decrease. This should increase investment and possibly consumption of durable goods. The reduction in the interest rate will cause a

depreciation of the dollar.

Question Status: Previous Edition

8) What will be the effects of an increase in real output on the interest rate?

Answer: An increase in real output will increase the interest rate. If investment depends only on interest rate, this will cause investment to go down. The increases interest rate will cause an appreciation of the

dollar.

Question Status: Previous Edition

14.5 The Money Supply and the Exchange Rate in the Short Run

1) An increase in a country's money supply causes

A) its currency to appreciate in the foreign exchange market while a reduction in the money supply causes

its currency to depreciate.

B) its currency to depreciate in the foreign exchange market while a reduction in the money supply causes

its currency to appreciate.

C) no effect on the values of it currency in international markets.

D) its currency to depreciate in the foreign exchange market while a reduction in the money supply causes

its currency to further depreciate.

E) None of the above.

Answer: B

Question Status: Previous Edition

2) Which one of the following statements is the most accurate?

A) Given P US, when the money supply rises, the dollar interest rate declines and the dollar depreciates

against the euro.

B) Given Y US, when the money supply rises, the dollar interest rate declines and the dollar depreciates

against the euro.

C) Given P US and Y US, when the money supply decreases, the dollar interest rate declines and the dollar

depreciates against the euro.

D) Given P US and Y US, when the money supply rises, the dollar interest rate declines and the dollar

appreciates against the euro.

E) Given P US and Y US, when the money supply rises, the dollar interest rate declines and the dollar

depreciates against the euro.

Answer: E

Question Status: Previous Edition

3) Given P US and Y US,

A) An increase in the European money supply causes the euro to appreciate against the dollar, but it does

not disturb the U.S. money market equilibrium.

B) An increase in the European money supply causes the euro to appreciate against the dollar, and it

creates excess demand for dollars in the U.S. money market.

C) An increase in the European money supply causes the euro to depreciate against the dollar, and it

creates excess demand for dollars in the U.S. money market.

D) An increase in the European money supply causes the euro to depreciate against the dollar, but it does

not disturb the U.S. money market equilibrium.

E) None of the above.

Answer: D

Question Status: Previous Edition

4) Analyze the effects of an increase in the European money supply on the dollar/euro exchange rate.

Answer: The main points are: An increase in the European money supply will reduce the interest rate on the euro, and thus causes the euro to depreciates against the dollar. The U.S. money demand and money

supply are not going to be affected, and thus the interest rate in the U.S. will remain the same.

Question Status: Previous Edition

5) Explain how the money markets of two countries are linked through the foreign exchange market.

Answer: The monetary policy actions by the Fed affect the U.S. interest rate, changing the dollar/euro exchange rate that clears the foreign exchange market. The European System of Central Banks (ESCB) can affect

the exchange rate by changing the European money supply and interest rate.

Question Status: Previous Edition

Answer: An increase in the European money supply lowers the dollar return on Euro deposits, i.e. the dollar appreciates against the Euro. There is no change in the US money market.

Question Status: Previous Edition

7) Using a figure describing both the U.S. money market and the foreign exchange market, analyze the effects

of a temporary increase in the European money supply on the dollar/euro exchange rate.

Answer: An increase in the European money supply will reduce the interest rate on the euro and thus will cause the schedule of the expected euro return expresses in dollars to shift down, causing a reduction

in the dollar/euro exchange rate, i.e., an appreciation of the U.S. Dollar. The euro depreciates against

the dollar. The U.S. money demand and money supply are not going to be affected, and thus the

interest rate in the U.S. will remain the same.

Question Status: Previous Edition

of an increase in the U.S. money supply on the dollar/euro exchange rate.

Answer: An increase in the U.S. money supply will cause interest rate to decrease. This should increase investment and possibly consumption of durable goods. The reduction in the interest rate will cause a movement to the left along the schedule depicting the expected euro return expressed in dollar. The

result is an increase in E or a depreciation of the dollar.

Question Status: Previous Edition

9) Explain the following figure.

Answer: The figure explains how the money markets of two countries are linked through the foreign exchange market. The monetary policy actions by the Fed affect the U.S. interest rate, changing the dollar/euro

exchange rate that clears the foreign exchange market. The European System of Central Banks (ESCB)

can affect the exchange rate by changing the European money supply and interest rate.

Question Status: Previous Edition

10) Combine the graph showing the interest parity condition and one showing money demand and supply to

demonstrate simultaneous equilibrium in the money market and the foreign exchange market.

How would an increase in the U.S. money supply affect the Dollar/Euro exchange rate and the U.S. interest rate? Illustrate your answer graphically and explain.

Answer: Above the axis is depicted the foreign exchange market, where changes in the rate of return on the dollar are mapped into changes in the exchange rate. Below the axis is depicted the U.S. money market

and shows the relation between the rate of return on the dollar and U.S. real money holdings. The

mechanism works as follows. Consider an increase in the U.S. real money holdings. Supply and

demand dictate that the demand for money must increase, so the rate of return must lower to

equilibrate at point 2. The lower rate of return on the dollar will cause the dollar to depreciate

(exchange rate moves to point 2?).

Question Status: Previous Edition

14.6 Money, the Price Level, and the Exchange Rate in the Long Run

1) An economy's long-run equilibrium is

A) the equilibrium that would occur if prices were perfectly flexible.

B) the equilibrium that would occur if prices were perfectly flexible and always adjusted immediately.

C) the equilibrium that would occur if prices were perfectly flexible and always adjusted immediately to

preserve full employment.

D) the equilibrium that would occur if prices were perfectly fixed to preserve full employment.

E) the equilibrium that would occur if prices were perfectly fixed at the full employment point.

Answer: C

Question Status: Previous Edition

2) A permanent increase in a country's money supply

A) causes a more than proportional increase in its price level.

B) causes a less than proportional increase in its price level.

C) causes a proportional increase in its price level.

D) leaves its price level constant in long-run equilibrium.

E) None of the above.

Answer: C

Question Status: Previous Edition

3) A change in the level of the supply of money

A) increases the long-run values of the interest rate and real output.

B) decreases the long-run values of the interest rate and real output.

C) has no effect on the long-run values of the interest rate, but may affect real output.

D) has no effect on the long-run values of real output, but may affect the interest rate.

E) has no effect on the long-run values of the interest rate and real output.

Answer: E

Question Status: Previous Edition

4) Changes in the money supply growth rate

A) are neutral in the short run.

B) need not be neutral in the short run.

C) are neutral in the long run.

D) need not be neutral in the long run.

E) None of the above.

Answer: D

Question Status: Previous Edition

5) A sustained change in the monetary growth rate will,

A) immediately affect equilibrium real money balances by raising the money interest rate.

B) eventually affect equilibrium nominal money balances by raising the money interest rate.

C) eventually affect equilibrium real money balances by reducing the money interest rate.

D) eventually affect equilibrium real money balances by raising the real interest rate.

E) eventually affect equilibrium real money balances by raising the money interest rate.

Answer: E

Question Status: Previous Edition

6) Money demand behavior may

A) change as a result of demographic trends or financial innovations such as electronic cash-transfer

facilities.

B) change only as a result of demographic trends.

C) change only as a result of financial innovations such as electronic cash-transfer facilities.

D) not change as a result of demographic trends or financial innovations such as electronic cash-transfer

facilities.

E) change as a result of demographic trends but not as a result of financial innovations such as electronic

cash-transfer facilities.

Answer: A

Question Status: Previous Edition

7) Using year-by-year data from 1989-2006 show that

A) there is a strong positive relation between average Latin American money-supply growth and inflation.

B) there is a strong negative relation between average Latin American money-supply growth and inflation.

C) there is a strong positive relation between average Latin American money-supply growth and deflation.

D) it is difficult to find a strong positive relation between average Latin American money-supply growth

and inflation.

E) there is a weak positive relation between average Latin American money-supply growth and inflation.

Answer: A

Question Status: Previous Edition

8) Which one of the following statements is the most accurate?

A) A permanent increase in a country's money supply causes a proportional long-run depreciation of its

currency against foreign currencies.

B) A temporary increase in a country's money supply causes a proportional long-run depreciation of its

currency against foreign currencies.

C) A permanent increase in a country's money supply causes a proportional long-run appreciation of its

currency against foreign currencies.

D) A permanent increase in a country's money supply causes a proportional short-run depreciation of its

currency against foreign currencies.

E) A permanent increase in a country's money supply causes a proportional short-run appreciation of its

currency against foreign currencies.

Answer: A

Question Status: Previous Edition

9) The long run effects of money supply change:

A) ambiguous effect on the long-run values of the interest rate or real output, a proportional change in the

price level's long-run value in the opposite direction.

B) proportional effect on the long-run values of the interest rate or real output, a proportional change in

the price level's long-run value in the same direction.

C) no effect on the long-run values of the interest rate or real output, a proportional change in the price

level's long-run value in the same direction.

D) no effect on the long-run values of the interest rate or real output, no change in the price level's

long-run value.

E) ambiguous effect on the long-run values of the interest rate or real output, A disproportional change in

the price level's long-run value in the same direction.

Answer: C

Question Status: Previous Edition

14.7 Inflation and Exchange Rate Dynamics

1) What term means an explosive and seemingly uncontrollable inflation in which money loses value rapidly

and may even go out of use?

A) superinflation

B) stagflation

C) hyperinflation

D) maginflation

E) None of the above.

Answer: C

Question Status: Previous Edition

2) The most extreme inflationary conditions occurred

A) in Latin America in the 1990s.

B) in Latin America in the 1980s.

C) in Eastern Europe in the 1990s.

D) in Eastern Europe in the 1980s.

E) in Eastern Europe in the 1970s.

Answer: B

Question Status: Previous Edition

3) For main industrial countries such as Japan and the U.S.,

A) there is much less month-to-month variability of the exchange rate, suggesting that price levels are

relatively sticky in the short run.

B) there is much more month-to-month variability of the exchange rate, suggesting that price levels are

relatively sticky in the short run.

C) there is almost the same month-to-month variability of the exchange rate and price levels.

D) it is hard to tell whether month-to-month variability of the exchange rate is similar to changes in price

levels.

E) there is much more month-to-month variability of the exchange rate, suggesting that price levels are

relatively sticky in the long run.

Answer: B

Question Status: Previous Edition

4) Which one of the following statements is the most accurate?

A) There is a lively academic debate over the possibility that seemingly sticky wages and prices are in

reality quite fixed.

B) There is a lively academic debate over the possibility that seemingly sticky wages and prices are in

reality much more sticky than theory assumes.

C) There is a lively academic debate over the possibility that seemingly sticky wages and prices are in

reality quite flexible.

D) There is no debate over the possibility that wages and prices are sticky in the long run.

E) There is no debate over the possibility that wages and prices are sticky in the short run.

Answer: C

Question Status: Previous Edition

the money supply itself rises.

B) increase over time, and this additional monetary change makes money prices rise even more quickly

than the money supply itself rises.

C) fall over time, and this additional monetary change makes money prices decrease even more quickly

than the money supply itself rises.

D) increase over time, and this additional monetary change makes money prices decrease even more

quickly than the money supply itself rises.

E) fall over time, and this additional monetary change makes money prices decrease even less quickly

than the money supply itself rises.

Answer: A

Question Status: Previous Edition

6) In a classic paper, Columbia University economist Phillip Cagan drew the line between inflation and

hyperinflation at an inflation rate of

A) 50 percent per month.

B) 10 percent per month.

C) 20 percent per month.

D) 5 percent per month.

E) 25 percent per month.

Answer: A

Question Status: Previous Edition

7) In a classic paper, Columbia University economist Phillip Cagan drew the line between inflation and

hyperinflation at an inflation rate of

A) more than 120 percent per year.

B) more than 100 percent per year.

C) more than 200 percent per year.

D) more than 12,000 percent per year.

E) more than 1,000 percent per year.

Answer: D

Question Status: Previous Edition

8) In a world where the price level could adjust immediately to its new long-run level after a money supply

increase,

A) The dollar interest rate would increase because prices would adjust immediately and prevent the

money supply from rising.

B) The dollar interest rate would fall because prices would adjust immediately and prevent the money

supply from rising.

C) The dollar interest rate would fall because prices would adjust immediately and prevent the money

supply from decreasing.

D) The dollar interest rate would decrease because prices would adjust immediately and prevent the

money supply from decreasing.

E) None of the above.

Answer: B

Question Status: Previous Edition

B) the exchange rate overshoots in the long run.

C) the exchange rate smoothly depreciates in the short run.

D) the exchange rate smoothly appreciates in the short run.

E) None of the above.

Answer: A

Question Status: Previous Edition

10) A change in the money supply creates demand and cost pressures that lead to future increases in the price

level from which main sources:

I.Excess demand for output and labor

II.Inflationary expectations

III.Raw materials prices

A) I

B) II

C) II and III

D) I and II

E) I, II, and III

Answer: E

Question Status: Previous Edition

11) What year did the Bolivian government introduce a stabilizing plan to end hyperinflation?

A) 1983

B) 1984

C) 1985

D) 1986

Answer: C

Question Status: New

12) Which of the following can help to explain why higher inflation may lead to currency appreciations?

A) The interest rate, not the money supply, is the prime instrument of monetary policy.

B) Most central banks adjust their policy interest rates expressly so as to keep inflation in check.

C) Central banks increase the money supply leading to overshooting of the exchange rate.

D) A and B.

E) A, B, and C.

Answer: D

Question Status: New

13) Which of the countries below are inflation targeting?

A) Japan

B) U.S.

C) Canada

D) A and B.

E) A, B, and C.

Answer: C

Question Status: New

14) Michael Woodford says the following is an advantage of interest-rate instruments for central banks:

A) Conduct monetary policy without inflation.

B) Conduct monetary policy even if checking deposits pay interest at competitive rates.

C) Conduct monetary policy without government approval.

D) A and B.

E) A, B, and C.

Answer: B

Question Status: New

15) Inflation targeting was initiated by which central bank in 1989?

A) U.S.

B) Japan

C) Canada

D) New Zealand

E) U.K.

Answer: D

Question Status: New

16) "Although the price levels appear to display short-run stickiness in many countries, a change in the money

supply creates immediate demand and cost pressures that eventually lead to future increase in the price level." Discuss.

Answer: (See Section 7). The statement is true. The pressures come from three main sources: excess demand for output and labor; inflationary expectations; and, raw material prices.

Question Status: Previous Edition

17) Explain the effects of a permanent increase in the U.S. money supply in the short run and in the long run.

Assume that the U.S. real national income is constant.

Answer: An increase in the nominal money supply raises the real money supply, lowering the interest rate in the short run. The money supply increase is considered to continue in the future; thus, it will affect the

exchange rate expectations. This will make the expected return on the euro more desirable and thus

the dollar depreciates. In the case of a permanent increase in the U.S. money supply, the dollar

depreciates more than under a temporary increase in the money supply.

Now, in the long run, prices will rise until the real money balances are the same as before the

permanent increase in the money supply. Since the output level is given, the U.S. interest rate, which

decreased before, will start to increase, until it will move back to its original level. The equilibrium

interest rate must be the same as its original long run value. This increase in the interest rate must

cause the dollar to appreciate against the euro after its sharp depreciation as a result of the permanent

increase in the money supply. So a large depreciation is followed by an appreciation of the dollar.

Eventually, the dollar depreciates in proportion to the increase in the price level, which in turn

increases by the same proportion as the permanent increase in the money supply. Thus, money is

neutral, in the sense that it cannot affect in the long run real variables, such as output, investment, etc.

Question Status: Previous Edition

18) Explain the exchange rate over-shooting hypothesis.

Answer: Many prices in the economy are written into long-term contracts and cannot be changed immediately when changes in the money supply occur. A permanent increase in M, holding P constant, increases

the real money supply (M/P) and lowers the nominal interest rate (R). This shifts the dollar return

schedule left. A permanent increase in M also creates the expectation that in the long run all prices

including the exchange rate would rise. A rise in the expected exchange rate shifts the ERR(DM)

schedule right. Therefore, in the short run equilibrium is established at point 2 In the long run the

price level adjusts and rises proportionately with the money supply. Therefore, M/P and R return to

their initial levels in the long run and the equilibrium exchange rate is determined at point 3. In other

words, the exchange rate first overshoots and then returns to its long run level. Therefore, the

fluctuations in E are much stronger than those of P.

Question Status: Previous Edition

money supply. Try to line up your figures to the short and long run equilibria side by side. Assume that the U.S. real national income is constant.

Answer:

An increase in the nominal money supply raises the real money supply, lowering the interest rate in

the short run (the movement from 1 to 2 on the lower left figure). The money supply increase is

considered to continue in the future, and thus it will affect the exchange rate expectations. This will

make the expected return on the euro more desirable and thus the dollar depreciates. In the case of a permanent increase in the U.S. money supply, the dollar depreciates more than under a temporary

increase in the money supply (from point 1?to point 2? in the upper left figure).

Now, in the long run, (the right hand side figure), prices will rise until the real money balances are the same as before the permanent increase in the money supply (from point 2 to point 4, in the lower right figure). Since the output level is given, the U.S. interest rate which decreased before, will start to

increase, until it will move back to its original level (from Point 2 to 4 in the lower left figure). The

equilibrium interest rate must be the same as its original long run value (at point 4 in the lower right figure). This increase in the interest rate must cause the dollar to appreciate against the euro after its

sharp depreciation as a result of the permanent increase in the money supply (this process is depicted in the upper right figure from point 2? to 4?). So a large depreciation (from Point 1? in the left upper

figure to pint 2? in both the left and right upper figures) is followed by an appreciation of the dollar

(the movement from 2? to point 4? in th e upper right hand side figure). Eventually, the dollar

depreciates in proportion to the increase in the price level, which in turn increases by the same

proportion as the permanent increase in the money supply. Thus, money is neutral, in the sense that it cannot affect in the long run real variables, such as output, investment, etc. Note that points 3?and 4? represent the same exchange rate.

Question Status: Previous Edition

money supply on:

(a)U.S. Money supply

(b)The dollar interest rate.

(c)The U.S. price level

(d)The dollar/euro exchange rate Answer: See below.

Question Status: Previous Edition

国际经济学英文题库(最全版附答案)

【国际经济学】英文题库 Chapter 1: Introduction Multiple-Choice Questions 1. Which of the following products are not produced at all in the United States? *A. Coffee, tea, cocoa B. steel, copper, aluminum C. petroleum, coal, natural gas D. typewriters, computers, airplanes 2. International trade is most important to the standard of living of: A. the United States *B. Switzerland C. Germany D. England 3. Over time, the economic interdependence of nations has: *A. grown B. diminished C. remained unchanged D. cannot say 4. A rough measure of the degree of economic interdependence of a nation is given by: A. the size of the nations' population B. the percentage of its population to its GDP *C. the percentage of a nation's imports and exports to its GDP D. all of the above 5. Economic interdependence is greater for: *A. small nations

国际经济学试题及答案

三、名词解释 1.生产者剩余 答:生产者剩余是指生产者愿意接受的价格和实际接受的价格之间的差额。 2.罗伯津斯基定理 答:罗伯津斯基定理是指在生产两种产品的情况下,如果商品的国际比价保持不变,一种生产要素增加所导致的密集使用该生产要素的产品产量增 加,会同时减少另外一种产品的产量。 3.产品生命周期 答:产品生命周期是指新产品经历发明、应用、推广到市场饱和、产品衰落,进而被其他产品所替代四个阶段。 4.购买力平价 答:购买力平价是指两种货币之间的汇率决定于它们单位货币购买力之间的比例。 5.市场内部化 答:市场内部化是指企业为减少交易成本,减少生产和投资风险,而将该跨国界的各交易过程变成企业内部的行为。 6.黄金输送点 答:黄金输送点包括黄金输入点和黄金输出点,是黄金输入、输出的价格上限和下限,它限制着一个国家货币对外汇率的波动幅度。 7.要素禀赋 答:要素禀赋,即要素的丰裕程度,是指在不同国家之间,由于要素的稀缺程度不同导致的可利用生产要素价格相对低廉的状况。赫克歇尔-俄林 定理认为,要素禀赋构成一个国家比较优势的基础 8.比较优势 答:比较优势也称为比较成本或比较利益,是由英国古典经济学家大卫李·嘉图提出的。李嘉图通过两个国家两种产品的模型阐明,比较优势是一国 在绝对优势基础上的相对较大的优势,在绝对劣势基础上的相对较小的 劣势,遵循“两利相权取其重,两弊相衡取其轻”的原则。根据各自的 比较优势来来确定国际分工并进行贸易往来,双方便都可以获得比较利 益。 9.人力资本 答:所谓人力资本是资本与劳动力结合而形成的一种新的生产要素,然们通过劳动力进行投资(如进行教育、职业培训、保健等),可以提高原有 劳动力的素质和技能,劳动生产率得到提升,从而对一个国家参加国际 分工的比较优势产生作用与影响。 10.布雷顿森林体系 答:布雷顿森林体系是指从第二次世界大战结束到1971年所实行的金汇兑本位制。这一以美元为中心的固定汇率制度的特征简而言之便是“美元

国际经济学题库

International Economics, 8e (Krugman) Chapter 14 Money, Interest Rates, and Exchange Rates 14.1 Money Defined: A Brief Review 1) The exchange rate between currencies depends on A) the interest rate that can be earned on deposits of those currencies. B) the interest rate that can be earned on deposits of those currencies and the expected future exchange rate. C) the expected future exchange rate. D) national output. E) None of the above. Answer: B Question Status: Previous Edition 2) Money serves as A) a medium of exchange. B) a unit of account. C) a store of value. D) All of the above. E) Only A and B. Answer: D Question Status: Previous Edition 3) Money includes A) currency. B) checking deposits held by households and firms. C) deposits in the foreign exchange markets. D) Both A and B. E) A, B, and C. Answer: D Question Status: Previous Edition 4) In the United States at the end of 2006, the total money supply, M1, amounted to approximately A) 10 percent of that year's GNP. B) 20 percent of that year's GNP. C) 30 percent of that year's GNP. D) 40 percent of that year's GNP. E) 50 percent of that year's GNP. Answer: A Question Status: Previous Edition 5) What are the main functions of money? Answer: Money serves in general three important functions: a medium of exchange; a unit of account; and a store of value. As a medium of exchange, money avoids going back to a barter economy, with the enormous search costs connected with it. As a unit of account, the use of money economizes on the number of prices an individual faces. Consider an economy with N goods, then one needs only (N - 1) prices. As a store of value, the use of money in general ensures that you can transfer wealth between periods. Question Status: Previous Edition

国际经济学习题库

第二章劳动生产率和比较优势:李嘉图模型(习题) 一、名词解释 1 绝对优势 2 比较优势 3生产可能性边界 4 一般均衡分析 5 局部均衡分析 6 相对需求曲线 7 机会成本 二、选择 1.在比较利益模型中,两种参与贸易商品的国际比价 ( ) A.在两国贸易前的两种商品的国内比价之上 B.在两国贸易前的两种商品的国内比价之下 C.在两国贸易前的两种商品的国内比价之间 D.与贸易前的任何一个国家的国内比价相同 2.比较利益理论认为国际贸易的驱动力是( ) A.劳动生产率的差异 B.技术水平的差异 C.产品品质的差异 D.价格的差异 3、“两利相权取其重,两弊相权取其轻”是对比较利益理论的高度概括,这一理 论是由经济学家()提出的。 A、亚当·斯密 B、赫克歇尔和奥林 C、大卫·李嘉图 D、大卫·休谟 三、填空

1、在李嘉图模型中,我们假定()是各个国家产业部门唯一的生产要素,()是各个国家产业部门之间唯一不同的生产要素。 2、比较成本学说理论的分析方法属于()。 3、相互需求理论认为,( )是由贸易双方的供给条件曲线或相互需求曲线。 4、在李嘉图模型中,一国出口劳动生产力高的产品,进口劳动生产力低的产品,即一个国家的生产模式是由()决定的。 5、各国参与贸易的原因有()和()。 四、简答 1、李嘉图比较成本学说的主要内容是什么?试析其合理 与不足之处。 2、本国有1200单位劳动,可生产两种产品——食物与衣 服,生产单位食物的劳动投入为3,生产单位衣服的劳动投入为2。 (1)画出本国的生产可能性曲线。 (2)用衣服表示食物的机会成本是多少? (3)在自给自足时,本国用衣服表示的食物的相对价格是多少?

国际经济学复习题

国际贸易部分 一、单项选择题 1.重商主义的基本观点是一种( ) A.国际金融的“乘数理论” B.国际贸易的“零和理论” C.国际金融的“杠杆原理” D.国际贸易的“绝对优势理论” 2.比较利益理论认为国际贸易的驱动力是( ) A.劳动生产率的差异 B.技术水平的差异 C.产品品质的差异 D.价格的差异 3.不能解释产业内贸易现象的理论有( ) A.重叠需求理论 B.要素比例理论 C.规模经济理论 D.垄断竞争理论 4.能反映规模经济理论本意的是( ) A.规模报酬递减 B.规模报酬递增 C.规模报酬不变 D.规模成本递增 5.一种产品的竞争优势并非长期固定在某一个特定的国家,而是从技术发明国转向生产成本较低的国家,描述这一现象的理论是() A.雁形模式理论 B.产品周期理论 C.示范效应理论 D.大宗产品理论 6.下列不属于保护贸易学说的理论有( ) A.幼稚工业理论 B.贸易条件恶化论 C.国内市场失灵论 D.资源禀赋论 7.最佳关税水平应等于( ) A.零进口关税 B.零进口关税与禁止性关税之间的水平 C.禁止性关税 D.禁止性关税以上 8.最佳关税的长期目标是() A.从外国垄断厂商那里抽取部分垄断租 B.保护和发展本国工业 C.阻止国外商品进口 D.增加本国财政收入 9.从历史发展看,最为成功的国际卡特尔是( ) A.烟草贸易公司 B.铁路运输公司 C.橡胶生产国组织 D.石油输出国组织 10.从国际经济资源流动的难度看,最容易流动的要素是( ) A.商品 B.资本 C.人员 D.技术 11.国际经济学理论体系发展阶段不包括() A.重商主义 B.古典的自由贸易论及其自由贸易的政策 C.现代国际经济理论 D.重农主义 12.从国际贸易对生产要素分配的影响来看,国际贸易有利于() A.生产进口竞争品中密集使用的生产要素收入的增加 B.生产进口竞争品中密集使用的共同生产要素收入的增加 C.生产出口品中密集使用的共同生产要素收入的增加 D.生产出口品中密集使用的生产要素收入的增加 13.一国利用原材料或资源密集型产品的出口增加本国收入,进而提高本国的储蓄和投资水平,带动经济发展。该理论被称为() A.剩余物质出口理论 B.大宗产品贸易理论 C.比较优势理论 D.产品生命周期理论

国际经济学练习题

绪论 一、单项选择题 1.国际经济学产生与发展的客观基础是() A.国际经济活动范围不断扩大B.国际经济关系日益复杂 C.跨越国界的经济活动不断增长D.国与国之间经济联系密切 2.国际经济学的研究对象() A.国际经济活动B.国际经济关系 C.世界范围内的资源配置D.国际经济活动与国际经济关系 3.国际经济学产生的时间() A.20世纪60年代 B.20世纪50年代 C.20世纪40年代 D.20世纪70年代 二、判断改错题 1.国际经济学产生与发展的理论基础是国际贸易理论。() 2.国际经济学是西方经济学的重要组成部分。() 3.国际经济学的微观部分主要讨论世界范围内的资源配置问题。() 4.国际金融理论与政策是站在单个国家角度来研究金融问题的。() 绪论 一、单项选择题 1.C 2.D 3.A 二、判断改错题 1.×。将“国际贸易理论”改为“国际贸易理论与国际金融理论”。 2.×。国际经济学是从西方经济学中独立出来的一门系统科学。 3.√。 4.×。国际金融理论与政策是独立于个别国家之外来研究所有国家参与国际金融市场的问题。 第二章古典国际贸易理论 一、单项选择题 1.主张对外贸易顺差,并将金银视为财富的唯一形式的理论是()A.比较优势理论B.贸易差额理论C.要素禀赋理论D.相互需求理论2.贸易差额论的政策主张中对发展中国家制定贸易政策有借鉴意义的是()A.发展本国工业B.发展本国航运业C.追求贸易顺差 D.对外贸易垄断3.最早对重商主义提出质疑的英国学者是() A.约翰·穆勒 B.亚当·斯密C.大卫·李嘉图D.大卫·休谟

4.甲国使用同样数量资源比乙国能生产更多的X,则乙国在X生产上具有()A.绝对优势B.比较劣势C.绝对劣势D.比较优势 5.甲国生产单位布和小麦分别需要6天和9天,乙国为10天和12天,根据比较优势理论() A.乙国进口小麦B.甲国出口布C.乙国出口布D.甲国出口小麦6.比较优势理论的提出者是() A.约翰·穆勒B.大卫·李嘉图C.亚当·斯密 D.李斯特 7.被称为西方国际贸易理论基石的是() A.贸易差额理论B.绝对优势理论C.比较优势理论 D.相互需求理论8.比较优势理论认为国际贸易产生的主要原因是() A.劳动生产率的相对差异B.技术水平差异 C.需求强度差异D.商品价格差异9.律师打字速度是打字员的两倍却雇佣打字员打字,以下表述错误的是()A.律师在打字上具有绝对优势B.律师在律师咨询上具有比较优势 C.打字员在打字上具有比较优势D.打字员在打字上具有绝对优势 10.按照比较优势理论,大量贸易应发生在() A.发达国家之间 B.发展中国家之间 C.发达国家与发展中国家之间D.需求相似国家之间 二、判断改错题 1.贸易差额论虽然产生时间很早,但并不是严格意义上的国际贸易理论。()2.贸易差额理论的奖出限入政策是针对所有产品而言的。() 3.贸易差额理论是第一个自由贸易理论。() 4.绝对优势理论分析的是国际贸易实践中的一个特例。() 5.具有绝对优势的产品不一定具有比较优势。() 6.根据绝对优势理论,一国两种产品都处于绝对劣势时仍可以参与互利贸易。()7.比较优势理论认为从理论上说所有国家都可以参与互利贸易。() 8.根据比较优势理论,只有当一国生产率达到足够高时,它才能从自由贸易中获益。 () 9.如果贸易发生在一个大国和一个小国之间,贸易后国际市场价格更接近于小国封闭条件下的国内市场价格。() 三、名词解释 1.绝对优势2.比较优势 四、简答题 1.简述绝对优势理论主要内容。 2.简述比较优势理论主要内容。

国际经济学练习题及标准答案(内部资料)

国际经济学练习题及答案(内部资料)

————————————————————————————————作者:————————————————————————————————日期:

国际经济学练习题 一、判断题 1、当开放贸易时,所有消费者的境况都会得到改善。 2、根据简单贸易模型,在贸易发生之前,如果各国的某种商品价格相同,这些国家之间就不会有交换该种商品的动机。 3、如果一国中某生产者通过贸易能使自己的境况得到改善,那么,该国中所有的生产者都会通过贸易来改善自己的境况。 4、在两国间均衡贸易价格条件下,一国对某种商品的过度供给必然与另一国对该商品的过度需求相等。 5、不存在free lunch,但却存在free trade。 6、一国即便在某种商品的生产上具有绝对劣势,它也可以在该商品的生产上具有相对优势。 7、根据H—O理论,一国如果比他国拥有更多英亩的土地,该国便是“土地丰富”的国家。 8、在成本递增的条件下,各国并不一定要完全专业化于一种商品的生产。 9、H—O理论假设各国拥有相同的商品偏好。 10、我们或许可以通过更为细分化的生产要素定义而解决Leontief Paradox。 11、Stolper-Samuelson定理认为,贸易将使丰富要素的所有者得到更低的实际收入,同时使稀缺要素的所有者得到更高的实际收入。 12、如果各国的生产技术相同,贸易便不会使生产要素价格均等化。 13、一国的非技术性工人会比技术性工人更加反对贸易自由化。 14、大国可投资发展进口替代产业而不是出口产业,进而改善本国的贸易条件。 15、按照定义,小国的经济增长将不会使贸易条件发生变化。 16、青春期是一个贫困化增长的好例子。 17、一国生产要素的增长总会使该国更加自给自足,进而减少对国际贸易的依赖。 18、一个与外界隔绝的国家一定会降低其公民的生活水平。 19、产业内贸易在充分竞争性产业中更为盛行。 20、根据H—0理论,各国应进行大量的产业内贸易。 21、规模经济是指资源的平衡增长导致平均成本上升。 22、产业内贸易发生的原因包括产品差异化、规模经济以及收入分配效应。 23、如果瑞士旅行鞋的进口增加,英国皮鞋制造商就会受到损失。 24、自由贸易总是一种比征收关税更好的政策。 25、从量关税的优越性之一是其保护价值量与进口商品的价格上涨保持同步。 26、关税对一个国家来说可能是最优的,但对全球来说不会是最优的。 27、关税给消费者带来的损失要大于它给生产者带来的收益。 28、与关税相比,配额给政府官员以更大的管理灵活性。 29、只要进口许可证是被拍卖的,配额的福利效应就与关税相同。 30、如果一国政府的税收收入很少,它就会倾向于采用关税而不是配额。 31、对于进口国来说,自愿出口限制比进口配额效果更差。 32、自愿出口限制实际上很少是自愿的。 33、对症规则(specificity rule)认为,关税通常不是纠正一国经济中扭曲的最佳方法。 34、贸易保护的国防理论和国家荣誉理论基本上是次优的。 35、如果“learning by doing”意味者今天更多的生产会使未来的成本降低,那么最好的政策就是实行保护性关税。

国际经济学考试题

试卷 编号: 郑州航空工业管理学院2010—2011学年第一学期 课程考试试卷( A )卷 一、单项选择题(本题总计20分,每小题1分) 1.李嘉图的比较优势理论指出,()。 A、贸易导致不完全专业化 B、即使一个国家不具有绝对成本优势,也可以从出口绝对成本劣势相对较小的产品中获益 C、与不具备绝对成本优势的国家相比,具有绝对成本优势的国家可以从贸易中获利更多 D、只有具备比较优势的国家才能获得贸易余额 2.如果一个劳动力丰富的国家与另一资本丰富的国家进行自由贸易,则() A、两国工资水平都会相对资本成本上升 B、两国工资水平都会相对资本成本下降 C、前一国家的工资会相对后一国家上升 D、前一国家的工资会相对后一国家下降 3.如果机会成本是递增而不是固定不变的,国际贸易将导致()。 A、每个国家完全专业化,且生产成本下降 B、每个国家不完全专业化,且出口产品生产成本不变 C、每个国家不完全专业化,且生产出口产品的机会成本上升 D、每个国家不完全专业化,且生产出口产品的机会成本下降 4.()可用于解释发达国家之间的制成品贸易。 A、比较优势学说 B、要素禀赋理论 C、需求重叠理论 D、绝对优势学说5.可以解释产业内贸易现象的理论是()。 A、比较优势学说 B、要素禀赋理论 C、绝对优势学说 D、规模经济理论6.一种产品的竞争优势并非长期固定在某一个特定的国家,而是从技术发明国转向生产成本较低的国家,描述这一现象的理论是()。 A、产品生命周期理论 B、要素禀赋理论 C、需求重叠理论 D、规模经济理论 7、社会无差异曲线用来表示()。 A、一国公民不愿意与别国进行贸易的百分比 B、能够为社会成员提供相同满意感的商品消费组合 C、为多生产一单位其他产品而必须放弃的本来生产产品的数量 D、一国具有比较优势的产品

国际经济学习题及参考答案

国际经济学作业 一、名词解释 幼稚产业:所谓幼稚产业是指某一产业处于发展初期,基础和竞争力薄弱但经过适度保护能够发展成为具有潜在比较优势的新兴产业。 倾销:是指一国(地区)的生产商或出口商以低于其国内市场价格或低于成本价格将其商品抛售到另一国(地区)市场的行为。 提供曲线:也称相互需求曲线,是由马歇尔和艾奇沃斯提出的,它表明一个国家为了进口一定量的商品,必须向其他国家出口一定量的商品,因此提供曲线即对应某一进口量愿意提供的出口量的轨迹。两个国家的提供曲线的交汇点所决定的价格,就是国际商品交换价格(交换比率)。 国际收支:国际收支分为狭义的国际收支和广义的国际收支。狭义的国际收支指一个国家或地区与世界其他国家或地区之间由于贸易、非贸易和资本往来而引起的国际间资金收支流动的行为。包括两种具体形式:直接的货币收支和以货币表示的资产的转移。反映了以货币为媒介的国际间的债权、债务关系。广义的国际收支为系统记载的、在特定时期内(通常为一年)一个国家或经济体的居民与世界其他地方居民的全部各项经济交易,不仅包括外汇收支的国际借贷关系,还包括一定时期全部经济交易与往来。 二、简答题 试画出出口贫困化增长的图形并作出分析 答:出口贫困化增长,是指某国的传统出口产品的出口规模极大地增长,但结果不仅使该国的贸易条件严重恶化,而且该国的国民福利水平也出现下降,这种现象一般出现在发展中国家。

贸易条件变化前,该国生产均衡点为A,消费点为C;由于该国传统出口产品X 的出口规模极大增长,使得该国贸易条件恶化,此时,生产点变为A’,消费点变为C’。由图中的无差异曲线可以看出,该国贸易条件的变化使得它的福利水平低于增长前。这种情形就成为“出口贫困化增长”。 产生出口贫困化增长的原因主要有:(1)该国在该种出口产品的出口量中占到相当大的比重,这样,当其出口大幅度增加时,会导致世界市场上出现供大于求的情况,导致价格大幅下跌。(2)该种产品的需求国的需求弹性很低,当产品价格降低时,需求是并不会相应大幅增长。(3)该国经济结构十分单一,依赖该种产品的出口来促进经济的发展,因此在贸易条件恶化的时候也不能压缩出口,而是进一步扩大出口量从而保持一定的出口收入。 试说明国际贸易中要素密集度逆转的情况 答:这是解释列昂惕夫反论的观点之一,它认为,某种商品在资本丰富的国家属于资本密集型产品,而在劳动力相对丰富的国家则属于劳动密集型产品,如小麦在非洲是劳动密集生产过程的产品,而在美国则是资本密集型的产品,也就是大机器和高效化肥生产的产品。所以,同一种产品是劳动密集型产品还是资本密集型产品并没有绝对的界限。在国外属于劳动密集型的产品,也有可能在国内属于资本密集型的产品。 即如果两种要素在行业间的替代弹性差异很大,以至于两种等产量曲线相交两次,那么,可能产生生产要素密集度逆转的现象。即一种产品在A国是劳动密集型产品在B国是资本密集型产品。可能就无法根据H-O的模式预测贸易模式了。

《国际经济学》复习题及参考答案

《国际经济学》复习题及参考答案 K135班 一、名词解释 1、国际经济学:是研究经济资源或稀缺资源在世界范围内的最优分配,以及在此过程中发生的经济活动和经济关系的科学。 2、倾销:海外的货物以低于同样货物的销售价格在同一时候在国内市场类似条件下的出售。 3、国际收支(广义):在特定的时期(一般为一年)内,一个经济体与世界其他地方的各项经济交易。 4、提供曲线:就是相互需求曲线,表明一个国家为了进口一定量的商品,必须向其他国家出口一定量的商品的交换比率。 5、关税同盟:它是指两个或两个以上的国家通过签订条约或协定取消区域内关税或其他进口限制,并对非同盟国家实行统一的关税率而缔结的同盟。 6、贸易条件:即商品的国际交换比率。也就是单位出口能够换回的进口,用出口价格指数比进口价格指数。 7、外汇管制:一国政府通过法令对本国对外的国际结算和外汇买卖实行管制,用以实现国际收支平衡与本国货币汇率稳定的一种制度。 8、汇率:又称为汇价。是不同货币在外汇买卖过程中形成的交换比率。 9、开放经济:一个经济与其外部存在着经济往来关系,如对外贸易、资金流动、劳动力流动等对外经济关系。 10、资本国际流动:指资本从一个国家、地区或经济体,转移到另一个国家、地区和经济体的过程。 二、判断题 1、如果小国对进口商征收关税,那么关税造成的消费者损失小于国内生产商收益与政府关税收入之和。× 如果小国对进口商征收关税,那么关税造成的消费者损失大于国内生产商收益与政府关税收入之和。 2、李嘉图的比较优势理论指出,即使其中一个国家在所有产品上郡具有绝对成本优势,各国也可以根据比较优势进行专业化生产,然后通过贸易获益。√ 3、贫穷化增长适用于长期以来人口增长快于国内生产总值增长的国家。× 贫穷化增长适用于经济是典型的单一经济,离开单一产品的的生产和出口,该国就会陷入困境的发展中国家。 4、社会无差异曲线用来表示能够为社会成员提供相同满意感的商品消费组合。√ 5、产品生命周期理论认为,若任何国家首先成功推广了一种新产品,则这种新产品将在该国经历整个生命周期。× 产品生命周期理论认为,若任何国家首先成功推广了一种新产品,则这种新产品不会在该国经历整个生命周期。 6、幼稚产业是指那些处于成长阶段尚未成熟,但具有潜在优势的产业。√ 7、跨国企业是指向六个以上不同国家出口的企业。× 跨国企业是指在数个国家设有生产工厂的企业。 8、在实施布雷顿森林体系时期,美元是关键货币。√ 9、区分发展中国家和发达国家的最常用但并不完善的指标是人均GDP。√ 10、若美国经济增长速度高于英国,美元相对于英磅升值。× 若美国的通货膨胀速度低于英国,则美元相对于英磅升值。 11、斯密的绝对优势理论指出在贸易中两个国家均能通过出口其比另一国劳动生产率更高的产品获益。√ 12、共同市场是经济一体化的最高阶段。× 完全的经济一体化是经济一体化的最高阶段。 13、战略性贸易政策常常用来支持处于竞争激烈产业中的企业。× 战略性贸易政策常常包括对高技术企业的补贴和其他支持。 14、布雷顿森林体系要求成员国采取浮动汇率制度。× 布雷顿森林体系要求成员国采取以美元为中心的固定汇率制度。 15、货币分析法认为,国际收支赤字的根本原因是国内货币供给大于国内货币需求。√ 16、在金本位制下,一国的高利率和资本流入将有助于该国自动调整国际收支赤字。√ 17、一价定律认为关税不能影响进口产品价格。× 一价定律认为关税能影响进口产品价格。 18、如果德国的利率高于美国,则马克将在远期市场上贴水卖出。√ 19、从日本进口汽车应记入美国国际收支经常账户的贷方。× 从日本进口汽车应记入美国国际收支经常账户的借方。 20、若美国通货膨胀高于英国,美元相对于英磅贬值。√ 三、选择题 1、设一年前美元对人民币的汇率是1美元等于8.2345元人民币,假设美国的物价比前一年上升8%,而中国的物价水平上升10%,则美元与人民币之间理论上的汇率为( A ) A.8.3870 B.8.085 C.10.2931 D.6.5876 2、列昂惕夫反论包括以下解释,除了( B )。 A美国对劳动密集型进口产品征收高额关税 B美国实际上比其贸易伙伴拥有更多的劳动力 C美国的出口产品密集使用了熟练劳动力 D美国倾向于出口需要大量科学和工程技术投入的高技术产品 3.根据相对购买力平价理论,如果英国的通货膨胀率为10%,美国为4%,那么( C ) A 美元相对于英镑升值4% B美元相对于英镑贬值4% C美元相对于英镑升值6% D美元相对于英镑贬值6% 4、不能解释产业内贸易现象的理论有( C ) A. 垄断竞争理论 B. 规模经济理论

社科院题库-国际经济学

1.林德重叠需求论的假设条件和主要观点。 重叠需求理论是由瑞典经济学家林德提出,其理论核心是:两国之间贸易关系的密切程度是由两国的需求结构与收入水平决定的。 重叠需求理论有两个假设条件: 1、消费者行为假设:假设在一国之内,需求受消费者的收入水平决定。不同收入阶层的消费者偏好不同,收入越高的消费者就越偏好奢侈品,收入越低的消费者就越偏好必需品,但如果消费者收入水平相同,则其偏好也相同。2、两国需求重叠的假定:厂商根据消费者的收入水平与需求结构来决定其生产方向与内容,而生产的必要条件是对其产品有效需求的存在;如果两国的平均收入水平相近,则两国的需求结构也必定相似。反之,如果两国的收入水平相差很大,则他们的需求结构也必存在显著的差异。 重叠需求理论的基本观点是,重叠需求是国际贸易产生的一个独立条件。两国之间的需求结构若是越接近,则两国之间进行贸易的基础就越雄厚。当两国的人均收入水平越接近时,则重叠需求的范围也就越大,两国重复需要的商品都有可能成为贸易品。如果各国的国民收入不断提高,则由于收入水平的提高,新的重复需要的商品便不断地出现,贸易也相应地不断扩大,贸易中的新品种就会不断地出现。所以,收入水平相似的国家,互相间的贸易关系就可能越密切;反之,如果收入水平相差悬殊,则两国之间重复需要的商品就可能很少,贸易的密切程度也就很小。 2.国际贸易比较优势理论 比较优势可以表述为:在两国之间,劳动生产率的差距并不是在任何产品上都是相等的。每个国家都应集中生产并出口具有比较优势的产品,进口具有比较劣势的产品(即“两优相权取其重,两劣相衡取其轻”),双方均可节省劳动力,获得专业化分工提高劳动生产率的好处。假设条(1)假定贸易中只有两个国家和两种商品(X与Y商品),这一个假设的目的是为了用一个二维的平面图来说明这一理论。(2)两国在生产中使用不同的技术。技术的不同导致劳动生产率的不同进而导致成本的不同。(3)模型只假定在物物交换条件下进行,没有考虑复杂的商品流通,而且假定1个单位的X产品和一个单位的Y产品等价(不过他们的生产成本不等)。(4)在两个国家中,商品与要素市场都是完全竞争的。(5)在一国内要素可以自由流动,但是在国际间不流动。(6)分工前后生产成本不变。(7)不考虑交易费用和运输费用,没有关税或影响国际贸易自由进行的其他壁垒。但是,在贸易存在的条件下,当两国的相对商品价格完全相等时,两国的生产分工才会停止比较优势理论。如果存在运输成本和关税,当两国的相对价格差小于每单位贸易商品的关税和运输成本时,两国的生产分工才会停止。(8)价值规律在市场上得到完全贯彻,自由竞争,自由贸易。(9)假定国际经济处于静态之中,不发生其他影响分工和经济变化。(10)两国资源都得到了充分利用,均不存在未被利用的资源和要素。(11)两国的贸易是平衡的,即总的进口额等于总的出口额。

《国际经济学》计算题及答案

计算题及答案 1. 在古典贸易模型中,假设A国有120名劳动力,B国有50名劳动力,如果生产棉花的话,A国的人均产量是2吨,B国也是2吨;要是生产大米的话,A国的人均产量是10吨,B国则是16吨。画出两国的生产可能性曲线并分析两国中哪一国拥有生产大米的绝对优势?哪一国拥有生产大米的比较优势? 思路:B国由于每人能生产16吨大米,而A国每人仅生产10吨大米,所以B 国具有生产大米的绝对优势。 从两国生产可能性曲线看出A国生产大米的机会成本为0.2,而B国为0.125,所以B 国生产大米的机会成本或相对成本低于A国,B国生产大米具有比较优势。 2.下表列出了加拿大和中国生产1单位计算机和1单位小麦所需的劳动时间。假定生产计算机和小麦都只用劳动,加拿大的总劳动为600小时,中国总劳动为800小时。 (1)计算不发生贸易时各国生产计算机和小麦的产量。 (2)哪个国家具有生产计算机的比较优势?哪个国家具有生产小麦的比较优势? (3)如果给定世界价格是1单位计算机交换22单位的小麦,加拿大参与贸易可以从每单位的进口中节省多少劳动时间?中国可以从每单位进口中节省多少劳动时间?如果给定世界价格是1单位计算机交换24单位的小麦,加拿大和中国分别可以从进口每单位的货物中节省多少劳动时间? (4)在自由贸易的情况下,各国应生产什么产品,数量是多少?整个世界的福利水平是提高还是降低了?试用图分析。(以效用水平来衡量福利水平)思路: (1)中国生产计算机的机会成本为100/4=25,加拿大为60/3=20 (2)因为加拿大生产计算机的机会成本比中国低,所以加拿大具有生产者计算机的比较优势,中国就具有生产小麦的比较优势。 (3)如果各国按照比较优势生产和出口,加拿大进口小麦出口计算机,中国进口计算机出口小麦。 加拿大进口一单位小麦需要出口1/22单位计算机,折合成劳动时间来算,生产 一单位小麦本国要用3小时,但生产1/22单位计算机本国要用60/22小时劳 动,所以加拿大进口一单位小麦相当于用60/22小时的劳动换回本国3小时生 产的产品,节省了3-60/22=3/11小时的劳动时间。中国进口一单位计算机需 要出口22单位小麦,相当于用22*4=88小时的劳动换回本国需用100小时生产 的产品,节省了100-88=12小时的劳动时间。 如果世界价格是1单位计算机交换24单位的小麦,则相当于用60/24小时的劳动 换回本国3小时生产的产品,节省了3-60/24=1/2小时的劳动时间。中国进口 一单位计算机需要出口24单位小麦,相当于用24*4=96小时的劳动换回本国 需用100小时生产的产品,节省了100-96=4小时的劳动时间。

国际经济学复习题

比较利益:由英国经济学家托伦斯提出、嘉图发展的国际贸易理论。认为:即使一个国家生产每种产品都具有最高生产率,处于绝对优势,而另一个国家生产每种产品都处于绝对劣势,只要它们的劳动生产率在不同产品上存在区别,遵循“两利相权取其重,两弊相衡取其轻”的原则,便能从国际分工和贸易中获得利益。 出口的贫困增长:是指一国生产要素增加使产品出口增加时,该国的出口收入不但没有增加,反而减少了。造成这种局面的直接原因就是国际比价贸易条件的恶化。出口的贫困化增长主要发生在发展中国家,根源在于出口量随着生产能力提高而增加,引起国际市场价格下跌,进而造成贸易条件恶化。 要素禀赋:是指一国所拥有的可利用的经济资源的总量。它既包括自然存在的资源(如土地和矿产),也包括“获得性”资源(如技术和资本)。这是一个绝对量的概念。 要素禀赋理论:即赫克歇尔—俄林定理,简称H-O模型。在国际贸易中,一国的比较优势是由其要素丰裕度决定的。一国应生产和出口较密集地使用其较丰裕的生产要素的产品,进口较密集地使用其较稀缺的生产要素的产品。 要素价格均等化定理:即使生产要素不具备国际流动的条件,只要商品自由贸易得到充分的发展,那么各国同种生产要素的相对价格会趋于相等。同时,绝对价格也会趋于相等。要素密集度逆转:是指生产的某种商品,在劳动力相对丰富的国家中属于劳动密集型产品,但在资本相对丰富的国家中则属于资本密集型产品。 产业贸易理论:一国即出口又进口某种产业产品的贸易现象。具体主要指的是同一产业部门部的差异化产品的交换和中间产品的交流。按国际贸易标准分类至少前三位数相同的产品既出现在一国的进口项目中、又出现在该国的出口项目中。规模收益:当所有投入要素的使用量都按同样的比例增加时,这种增加会对总产量的影响。 规模收益是指涉及到厂商生产规模变化与产量变化之间的关系,如果生产规模的变化是由所有生产要素以相同比例扩大或减少而引起的,那么对应的产量变动就有三种情况:(1)如果产量增加的比率大于生产要素增加的比率,则生产处于规模收益递增阶段;(2)如果产量增加的比率等于生产要素增加的比率,则生产处于规模收益不变阶段;(3)如果产量增加的比率小于生产要素增加的比率,则生产处于规模收益递减阶段。 出口补贴:出口补贴又称出口津贴,是一国政府为了降低出口商品的价格,增加其在国际市场的竞争力,在出口某商品时给予出口商的现金补贴或财政上的优惠待遇。 进口配额:一国政府对一定时期进口的某些商品的数量或金额加以直接控制。在规定的期限,配额以的货物可以进口,超过配额不准进口,或征收较高关税后才能进口。简单而言,配额是对进口商品设置一定的限额,其目的与征收关税一样,为了限制进口,保护国工业。但与关税不同的是,进口配额是直接的数量控制而不是通过提高进口商品价格间接地减少进 口。 生产者剩余:生产者剩余是指生产者愿意接受的价格和实际接受的价格之间的差额。 消费者剩余:消费者在购买一定数量的某种商品时愿意支付的总数量和实际支付的总数量之间的差额 幼稚产业:某种产业由于技术经验不足、劳动生产率低下、产品成本高于世界市场价格,因而无法与国外产业竞争,但在关税、补贴等保护措施下继续生产一段时间,经过一段时间的生产能够在自由贸易条件下获利,达到其他国家水平而自

国际经济学试卷及答案

试卷(A)国际经济学一、选择题(2x15=30,每题只有一个正确答案) 1、如果dx、sx、dm和sm分别代表出口产品的需求弹性、出口产品的供给弹性、进口产品的需 求弹性和进口产品的供给弹性,则马歇尔—勒纳条件用公式表示为() >1 dx+sx>1 B.||A.|dx+dm|>1 .|sx+sm|C.|dm+sm|>1 D) 2. “贫困化增长”的一个必要条件为:( A.国家的增长偏向于出口产业。B.外国对该国的出口需求具有价格弹性。C.国家的消费 偏好高度偏向于出口商品。D.贸易在国民经济中比重不大。)3、从国际贸易对生产要素收 入分配的短期影响来看,自由贸易会导致( .生产进口竞争品部门使用的专门生产要素收入水平提高A .生产进口竞争品部门使用的共同 生产要素收入水平下降B C.生产出口品部门使用的共同生产要素收入水平提高 D.生产出口品 部门使用的专门生产要素收入水平提高)、在商品的国际比价保持不变的情况下,偏向出口的 生产要素增长会(4 .扩大进口品生产规模 BA.扩大出口品生产规模.使贸易规模保持不变C D.使贸易规模缩减)5、在货币主义的汇率决定理论中,与本币价值负相关的变量是(.外 国国民收入A.本国国民收入 B C.外国的利息率 D.外国货币 供给、不能解释产业内贸易现象的理论是(6 ) BA.重叠需求理论.规模 经济理论.要素禀赋理论C D.相互倾销理论 7、货币贬值对国内吸收的直接影响效应不包括() A.货币余额效应 B.收入再分配效应 C.货币幻觉效应 D.贸易条件效应、世界贸易组织WT)是关贸总协定主持的 下列哪一回合谈判的结果 .多哈回.乌拉圭回 .东京回.安纳西回 、成员国间实行自由贸易优惠协定并统一外部关税,但成员国间要素尚未实现自由流动是 A.自由贸易 B.关税同 C.共同市 D.经济联 1、在幼稚产业的判定标准中,强调技术外溢和外部规模经济效果的是 .李斯特标.肯普标 .穆勒标.巴斯塔布尔标 1、根据蒙代尔提出的“分配法则,当一国失业和逆差并存时,为实现经济的内外平衡应采取的 政策搭配是 .紧财政、松货.松财政、松货 .松财政、紧货.紧财政、紧货 1、通常与进口替代战略相配合的政策措施包括 .降低关税壁.高估本币价 .放松外汇管.减少非关税壁 1、征收进口关税对于进口国来说 .不利于与进口产品相竞争的生产 .使国内同类产品的生产减

(完整)国际经济学考试题库(答案版)

一、(完整)国际经济学考试题库(答案版) 二、 三、 四、编辑整理: 五、 六、 七、 八、 九、尊敬的读者朋友们: 十、这里是精品文档编辑中心,本文档内容是由我和我的同事精心编辑整理后发布的,发布之 前我们对文中内容进行仔细校对,但是难免会有疏漏的地方,但是任然希望((完整)国际经济学考试题库(答案版))的内容能够给您的工作和学习带来便利。同时也真诚的希望收到您的建 议和反馈,这将是我们进步的源泉,前进的动力。 十一、本文可编辑可修改,如果觉得对您有帮助请收藏以便随时查阅,最后祝您生活愉快业绩进步,以下为(完整)国际经济学考试题库(答案版)的全部内容。 十二、

十三、试述H—O模型的主要内容并予以评价。 1、基本内容: 资本丰富的国家在资本密集型产品上相对供给能力较强,劳动丰富的国家则在劳动密集型产品上相对供给能力较强.根据比较优势原则,一国出口密集使用其丰富要素的产品,进口密集使用其稀缺要素的产品. 要素的自然禀赋—要素供给—要素的相对富饶程度-要素相对价格-生产成本差异—商品价格差异—贸易的发生 2、评价: 贡献:a、从一国经济资源优势解释国际贸易发生的原因;b、从实际优势出发决定贸易模式;c、从贸易对经济的影响分析贸易的作用。 局限性:a、禀赋并非贸易发生的充分条件;b、对需求因素未予以充分考虑,影响了理论对实际情况的分析;c、过分强调静态结果,排除技术进步及实际存在的情况,影响了理论的适用性。 十四、结合货币市场和外汇市场,以美元为本币,请画图美联储增加货币供给后,美元对欧元的汇率将如何变动。 外汇指的是以外国货币表示的,为各国普遍接受的,可用于国际间债权债务结算的各种支付手段。货币政策是指政府或中央银行为影响经济活动所采取的措施,尤指控制货币供给以及调控利率的各项措施。 一国货币供给的增加会使该国货币在外汇市场上贬值。美国的货币市场决定美元的利率,美元利率则影响维持利率平价的汇率.所以当美联储增加货币供给后,会导致美元相对欧元的贬值。但美元供给的变 动对长期利率和实际产出没有影 三、什么是恶性通货膨胀,可能导致恶性通货膨胀的原因以及应对措施。 恶性通货膨胀又称“超速通货膨胀”,是三位数以上的通货膨胀。指流通货币量的增长速度大大超过货币流通速度的增长,货币购买力急剧下降,物价水平加速上升,整体物价水平以极高速度快速上涨的现象,使民众对货币价值失去信心。由于货币的流通量增加快速,使货币变得没有价值时,人们会急于要以货币换取实物,人心惶惶的结果只会更加速通货膨胀的恶化,整体经济濒临崩溃边缘. 恶性通货膨胀是一种不能控制的通货膨胀,在物价很快地上涨的情况下,就使货币失去价值.在社会经济发展和运行中,如果某一国家或地区出现了恶性的通货膨胀、剧烈的汇率波动或严重的地区政治冲突,其发行的信用货币(纸币)将存在很大的风险。导致恶性通货膨胀的经济原因一般是纸币发行过多。 措施:控制货币供应量,调节控制社会总需求,增加商品有效供给. 四、为什么现实生活中会出现严重违背购买力平价的情况? 1。贸易壁垒和非贸易品 运输费用和贸易管制会使得商品在不同国家之间的流通成本变高,从而削弱作为购买力评价理论基础的一价定律的作用机制.由于非贸易品的存在,即使是相对购买力,也会出现系统性的偏差。 2.非自由竞争 当贸易壁垒和不完全竞争市场结构同时存在时,各国价格水平之间的联系会进一步弱化。 3。不同国家消费模式和价格水平计量方面的区别 生活在不同国家的人们的消费方式不同,而且由于相对购买力平价预测的是价格变动而非价格水平,所以不管各国用什么样的商品篮子来定义价格水平,它都是一种切合实际的概念,商品篮子中不同商品的相对价格发生变动可能会使得相对购买力平价无法经手不同官方价格指数的检验。 五、什么是比较优势,如何评价比较优势。 比较优势是指如果一个国家在本国生产一种产品的机会成本(用其他产品来衡量)低于在其他国家生产该产品的机会成本的话,则这个国家在生产该种产品上就拥有比较优势。

相关文档
相关文档 最新文档