国际经济学Multiple choices 6-10.pptVIP

MULTIPLE CHOICE Choose the one alternative that best completes the statement or answers the question. Ch6-Ch10 1.If the ratio of price of cloth (PC) divided by the price of food (PF) increases in the international marketplace, then A) the terms of trade of cloth exporters will improve. B) all countries would be better off. C) the terms of trade of food exporters will improve. D) the terms of trade of all countries will improve. E) the terms of trade of cloth exporters will worsen.  2.If the ratio of price of cloth (PC) divided by the price of food (PF) increases in the international marketplace, then A) world relative quantity of cloth supplied will increase. B) world relative quantity of cloth supplied and demanded will increase. C) world relative quantity of cloth supplied and demanded will decrease. D) world relative quantity of cloth demanded will decrease. E) world relative quantity of food will increase.  3.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 the United States. C) improve the terms of trade of all countries. D) because a deterioration of U.S. terms of trade. E) raise the world price of the good imported by the United States. 4.If Slovenia were a large country in world trade, then if it instituted a large set of subsidies for its exports, this must decrease its marginal propensity to consume. have no effect on its terms of trade. C) improve its terms of trade. D) harm its terms of trade. E) harm world terms of trade.  5.Internal economies of scale arise when the cost per unit A) falls as the average firm grows larger. B) rises as the industry grows larger. C) falls as the industry grows larger. D) rises as the average firm grows larger. E) remains constant ov