更多"[单选题]4.We say that commodity Y is K"的相关试题:
[单选题]4.We say that commodity Y is K-intensive with respect to X when:
A.A.more K is used in the production of Y than X
B.B.less L is used in the production of Y than X
C.C.a lower L/K ratio is used in the production of Y than X
D.D.a higher K/L is used in the production of X than Y
[单选题]13.A difference in relative commodity prices between two nations can be based up on adifference in:
A.A.factor endowments
B.B.technology
C.C.tastes
D.D.all of the above
[单选题]2.At a relative commodity price above equilibrium
A.A.the excess demand for a commodity exceeds the excess supply of the commodit y
B.B.the quantity demanded of imports exceeds the quantity supplied of exports
C.C.the commodity price will fall
D.D.all of the above
[单选题]7.A difference in relative commodity prices between nations can be based on a dif ference in:
A.A.technology
B.B.factor endowments
C.C.tastes
D.D.all of the above
[单选题]5.The temporary sale of a commodity at below cost or at a lower price abroad in order to drive foreign producers out of business is called:
A.A.predatory dumping
B.B.sporadic dumping
C.C.continuous dumping
D.D.voluntary export restraints
[单选题]10.Supporting the price of a commodity by buying it when its price is low is:
A.A.a buffer stock
B.B.a purchase contract
C.C.an export control
D.D.a marketing board
[单选题]4.The commodity in which the nation has the smallest absolute disadvantage is the commodity of its:
A.A.absolute disadvantage
B.B.absolute advantage
C.C.comparative disadvantage
D.D.comparative advantage
[单选题]6.The nation’s commodity terms of trade times the productivity index in its export sector gives the nation’s:
A.A.income terms of trade
B.B.double factoral terms of trade
C.C.single factoral terms of trade
D.D.barter terms of trade
[单选题]7.When a nation’s commodity terms of trade deteriorate and its single factoral ter ms of trade improve, the nation’s welfare:
A.A.falls
B.B.rises
C.C.remains unchanged
D.D.any of the above
[单选题]5.If in a two-nation (A and B), two-commodity (X and Y) world, it is established that nation A has a comparative advantage in commodity X, then nation B must hav e:
A.A.an absolute advantage in commodity Y
B.B.an absolute disadvantage in commodity Y
C.C.a comparative disadvantage in commodity Y
D.D.a comparative advantage in commodity Y
