简答题In analyzing the gains and losses from international trade, to say that Moldova is a small country is to say that A、Moldova can only import goods; it cannot export goods B、Moldova’s choice of which goods to export and which goods to import is not based on the principle of comparative advantage C、only the domestic price of a good is relevant for Moldova; the world price of a good is irrelevant D、Moldova is a price taker简答题After a certain nation changed its policy from one that banned international trade in wheat to one that allowed international trade in wheat, the nation began importing wheat. As a result, total surplus in the wheat market increased by 7 million and producer surplus in the wheat market increased by 15 million and producer surplus in the wheat market decreased by $5 million简答题Congressman Smith cites the “jobs argument” when he argues in favor of restrictions on trade; he argues that everything can be produced at lower cost in other countries. The likely flaw in Congressman Smith’s reasoning is that he ignores the fact that A、there is no evidence that any worker ever lost his or her job because of free trade B、unemployment of labor is not a serious problem relative to other economic problems C、the gains from trade are based on comparative advantage D、the gains from trade are based on absolute advantage简答题Refer to Figure 9-6. With trade and without a tariff, ( ) A、the domestic price is equal to the world price B、roses are sold at $4 in this market C、there is a shortage of 400 roses in this market D、this country imports 200 roses简答题The before-trade price of fish in Germany is 6.00 per pound. Germany is a price-taker in the fish market. If Germany allows trade in fish, then Germany will become an A、importer of fish and the price of fish in Germany will be 8.00 C、exporter of fish and the price of fish in Germany will be 8.00简答题The nation of Wheatland forbids international trade. In Wheatland, you can buy 1 pound of corn for 3 pounds of fish. In other countries, you can buy 1 pound of corn for 2 pounds of fish. These facts indicate that A、Wheatland has a comparative advantage, relative to other countries, in producing corn. B、other countries have a comparative advantage, relative to Wheatland, in producing fish C、the price of fish in Wheatland exceeds the world price of fish D、if Wheatland were to allow trade, it would import corn简答题When a country allows trade and becomes an importer of a good, A、everyone in the country benefits B、the gains of the winners exceed the losses of the losers C、the losses of the losers exceed the gains of the winners D、everyone in the country loses简答题Refer to Figure 9-1. From the figure it is apparent that （ ） A、Guatemala will export coffee if trade is allowed B、Guatemala will import coffee if trade is allowed C、Guatemala has nothing to gain either by importing or exporting coffee D、the world price will fall if Guatemala begins to allow its citizens to trade with other countries简答题Assume, for England, that the domestic price of wine without international trade is higher than the world price of wine. This suggests that, in the production of wine, A、England has a comparative advantage over other countries and England will export wine. B、England has a comparative advantage over other countries and England will import wine. C、other countries have a comparative advantage over England and England will export wine. D、other countries have a comparative advantage over England and England will import wine.简答题Refer to Figure 9-20. In the absence of trade, total surplus in the Vietnamese rice market amounts to ( ). A、9,250 B、10,000 C、12,000 D、13,000