Trade between two countries can benefit both countries if()
A: each country exports that good in which it has comparative advantage.
B: each country enjoys superior terms of trade.
C: each country has a more elastic demand for imported goods.
D: each country has a more elastic supply for the exported goods.
A: each country exports that good in which it has comparative advantage.
B: each country enjoys superior terms of trade.
C: each country has a more elastic demand for imported goods.
D: each country has a more elastic supply for the exported goods.
举一反三
- Trade between countries ( ) A: allows<br/>each country to consume at a point outside its production<br/>possibilities frontier. B: limits<br/>a country’s ability to produce goods and services on its own. C: must<br/>benefit both countries equally; otherwise, trade is not mutually<br/>beneficial. D: can<br/>best be understood by examining the countries’ absolute<br/>advantages.
- Which of the the following statements is true true ? ( ) A: “Two countries can achieve gains from trade even if one of the<br/>countries has an absolute advantage in the production of all goods.” B: “Certain very talented people have a comparative advantage in<br/>everything they do.” C: “If a certain trade is good for one person, it can’t be<br/>good for the other one.” D: “If trade is good for a country, it must be good for everyone in the country.”
- According to the absolute advantage, trade occurs only when each country has an/a______ advantage over the other in producing one commodity.
- If country A has a comparative advantage in producing shoes, then________________________.（ ）. A: other countries will never produce shoes if trade is allowed B: it can produce shoes at lower opportunity costs than other countries can C: it has more factors of production used in the production of shoes relative to other countries D: it can produce shoes using more resources than other countries can
- Part IV Writing1. Look at the graphs below. They show a comparison of ....... for eight different countries A-H. Which country does each sentence 1-5 describe? For each sentence, mark the correct letter A-H. Do NOT use any letter more than once. （2 points each）（图表暂时省略...）1 ______ This country has been...2 ______ This country does not.....3 ______ Although this country....4. ______ This country remained ...5. ______ In contrast to other countries...