题目内容

A small economy country whose GDP is heavily dependent on trade with the United States could use a (an) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.

A. pegged exchange rate with the United States
B. pegged exchange rate with the Euro
C. independent floating
D. managed floating

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A country that regulates（管控）the rate at which its currency is exchanged for all other currencies is considered to have a ________ exchange rate system.

A. fixed or managed
B. floating or flexible
C. forward
D. spot

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Suppose the US is a capital abundant（充足）country and the ROW is labor abundant. Shoe production is labor intensive（劳动密集）and auto production is capital intensive. In this example above, if there were no trade between the US and ROW

Autos would be relative expensive in the US
B. Capital would be relatively expensive in the US
C. Labor would be relatively expensive in the ROW
D. Shoes would be relatively expensive in the US

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Of the following, which would NOT be considered a way that government interferes (妨碍)with comparative advantage?

A. tariffs
B. managerial skills
C. quotas
D. other non-tariff restrictions

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In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market seeking firms produce in foreign countries?

A. satisfaction of local demand in the foreign country
B. satisfaction of local demand in the domestic markets
C. political safely and small likelihood of government expropriation of assets
D. All of the above are market-seeking activities.

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A small economy country whose GDP is heavily dependent on trade with the United States could use a (an) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.

A. pegged exchange rate with the United States B. pegged exchange rate with the Euro C. independent floating D. managed floating

A country that regulates（管控）the rate at which its currency is exchanged for all other currencies is considered to have a ________ exchange rate system.

Suppose the US is a capital abundant（充足）country and the ROW is labor abundant. Shoe production is labor intensive（劳动密集）and auto production is capital intensive. In this example above, if there were no trade between the US and ROW

Of the following, which would NOT be considered a way that government interferes (妨碍)with comparative advantage?

In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market seeking firms produce in foreign countries?

A. pegged exchange rate with the United States
B. pegged exchange rate with the Euro
C. independent floating
D. managed floating