题目内容

When nations are of similar size, and have similar taste patterns ,the gains from trade

A. are shared equally between them.
B. are impossible to determine.
C. are too small, so that trading not beneficial.
D. are determined by the nation that has comparative advantage in the more essential product.

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The commodity terms of trade measures

A. The rate at which exports exchange for imports
B. The influence trade has on productivity levels
C. The effect on income of the trading nation
D. The improvement in a nation's welfare

According to the mercantilists, a nation's welfare would improve if it maintained a surplus of exports over imports.

A. 对
B. 错

The mercantilists maintained that a free-trade policy best enhances a nation's welfare.

A. 对
B. 错

The mercantilists contended that because one nation's gains from trade come the expense of its trading partners, not all nations could simultaneously realize gains from trade.

A. 对
B. 错

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