A: A.Less; Small nations enjoy terms of trade lying near the opportunity costs of themselves
B: B.Less; Small nations enjoy terms of trade lying near the opportunity costs of their large trading partners
C: More; Small nations enjoy terms of trade lying near the opportunity costs of themselves
D: D.More; Small nations enjoy terms of trade lying near the opportunity costs of their large trading partners
举一反三
- A trade-diverting customs union: ( ) A: increases trade among union members and with nonmember nations B: reduces trade among union members and with nonmember nations C: increases trade among members but reduces trade with non-members D: reduces trade among union members but increases it with nonmembers
- Small countries tend to have higher measures of openness than larger countries because A: their productivity is highe B: they are more reliant on international trade C: they are less reliant on international trade D: they are more diverse
- A common market A: Allows the imposition of common external trade barriers against non-members B: Represents less economic integration than a free trade area C: Does not permit free movement of goods among member nations D: Dose not allow free movement of factors of production among nations
- The terms of trade effect of a tariff refers to the fact that a small country can benefit by levying a tariff.
- The expansion of world trade implies that nations are becoming less dependent on each other for important goods and services.
内容
- 0
If the U.S.(a large country) imposes a tariff on its imported good, this will tend to() A: have no effect on terms of trade. B: improve the terms of trade of all countries. C: improve the terms of trade of the S. D: cause a deterioration of S. terms of trade.
- 1
If the U.S. (a large country) imposes a tariff on its imported good, this will tend to ____________. A: cause a deterioration of U.S. terms of trade. B: have no effect on terms of trade. C: improve the terms of trade of all countries. D: improve the terms of trade of the United States.
- 2
When two nations trade with each other, the region of mutually beneficial trade is decided by their domestic cost ratios.
- 3
Should Canada impose a tariff on imports, one would expect Canada's:（ ） A: Terms of trade to improve and volume of trade to decrease B: Terms of trade to worsen and volume of trade to decrease C: Terms of trade to improve and volume of trade to increase D: Terms of trade to worsen and volume of trade to increase
- 4
Nations engage in trade primarily because no nation can produce all of the goods and services that it needs.