[单项选择]Firms in perfectly competitive markets and firms operating in a market characterized by monopolistic competition have several things in common. Which of the following is least likely one of them（）
A. Both maximize economic profit.
B. Both face perfectly elastic demand curves.
C. Both operate in markets that have low or no barriers to entry.

[单项选择]In perfectly competitive constant-cost industries and perfectly competitive increasing-cost industries, respectively, what is the most likely long-run effect of a permanent increase in demand ncreasing-cost industry Constant-cost industry（）①A. price decreases price decreases ②B. price decreases price remains unchanged ③C. price remains unchanged price decreases
A. ①
B. ②
C. ③

[单项选择]Equilibrium in a perfectly competitive market results in a quantity for which the:（）
A. difference between consumer and producer surpluses is maximized.
B. consumer and producer surpluses are equal.
C. sum of consumer and producer surpluses is maximized.

[单项选择]For markets with perfectly elastic supply and perfectly inelastic supply, respectively, the introduction of a tax will most likely result in: Markets with perfectly elastic supply Markets with perfectly inelastic supply （） ①A. A price increase, and the seller bears the tax A price increase, and the buyer bears the tax ②B. A price increase, and supply remains the same No change in price, and the buyer bears the tax ③C. A price increase, and the buyer bears the tax No change in price, and the seller bears the tax
A. ①
B. ②
C. ③

[单项选择]In a perfectly competitive industry, the short-run supply curve for the market is the:（）
A. marginal cost curve above the average variable cost curve.
B. sum of the individual supply curves for all firms in the industry.
C. average variable cost curve above the marginal cost curve.

[单项选择]In the long-run, after all firms in a perfectly competitive industry have adopted new technology, the:（）
A. price will be set where average variable cost is equal to marginal revenue.
B. price will equal minimum average total cost.
C. individual firm supply will decrease as the cost of implementing technology increases.

[判断题]Employees commonly sue firms for product defects or deceptive advertising.

[简答题]Primary markets

[简答题]Gold markets

[判断题]Most firms departmentalize their foreign operations by function.

[单项选择]PROBLEMS FACING POTENTIAL EXPORTERS
Many firms fail because when they begin exporting they have not researched the target markets or developed an international marketing plan. To be successful, a firm must clearly define goals, objectives and potential problems. Secondly, it must develop a definitive plan to accomplish its objective, regardless of the problems involved. Unless the firm is fortunate enough to possess a staff with considerable expertise, it may not be able to take this crucial first step without qualified outside guidance.
Often top management is not committed enough to overcome the initial difficulties and financial requirements of exporting. It can often take more time and effort to establish a firm in a foreign market than in the domestic one. Although the early delays and costs involved in exporting may seem difficult to justify when compared to established domestic trade, the exporter should take a more objective view of this process and careful
A. get professional advice.
B. study international marketing.
C. identify the most profitable markets.
D. have different objectives to other exporters.

[单项选择]Firms in industrial countries attach importance to countertrade because
A. countertrade may intensify international competition and improve the quality of their products.
B. countertrade may help them enter into new markets.
C. the party receiving the goods provided by them will use these goods effectively.

[单项选择]The newest export markets are
A. the Middle East and Korea.
B. Europe and Japan.
C. South America and Vietnam.

[简答题]Increasingly globally integrated financial markets pose significant challenges to the regulation of securities and futures market.