国际经济与贸易全英试题(8)

《国际贸易》2010—2011学年第一学期期末考试A卷评分标准

考核对象：09级金融经济保险各班 时间：2小时 班级 学号 姓名 成绩

I. Please explain the following definitions.( 3 for each, totally 15 )

factor used intensively in the rising-price industry (land) and lowers the returns of the factor used intensively in the falling-price industry (labor), regardless of which goods the sellers of the two factors prefer to consume.

In the case of internal economies, expanding the firm's own scale of production raises its productivity and cut its average cost.

the REP is defined as the percentage change in the value added in an industry because of the imposition of a tariff structure by the country rather than the existence of free trade.

4.

place whenever economic integration leads to a shift in product origin from a higher-resource-cost domestic producer to a lower-resource-cost member producer. This increases welfare.

5.The law of comparative advantage:

comparative advantage comes from the relative difference of productivities based on the relative difference of technologies. A nation should produce and export the commodities of comparative advantage, and import the commodities of comparative disadvantage.

II.

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