题目内容

If Japanese workers receive lower wages in the production of autos than do American workers:

A. Japan will have a comparative advantage in the production of autos
B. Japan will have an Absolute advantage in the production of autos
C. ProductioncostswillbelowerinJapanthanintheU.S.
D. Production costs could be lower in the U.if American labor productivity is higher than the Japanese

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Which trade theory suggests that a newly produced good, once exported, could ultimately end up being imported as the technology is transferred to lower-cost nations?

A. Factor endowment theory
B. Product life cycle theory
C. Overlapping demand theory
D. Comparative advantage theory

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A firm is said to enjoy economies of scale over the range of output for which the long-run average cost is:

A. Increasing
B. Constant
C. Decreasing
D. None of the above

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A product will be internationally traded as long as the pretrade price differential between the trading partners is:

A. Greater than the cost of transporting it between them
B. Equal to the cost of transporting it between them
C. Less than the cost of transporting it between them
D. None of the above

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Which of the following suggests that by widening the market's size, international trade can permit longer production runs for manufacturers, which leads to increasing efficiency?

A. Economiesofscale
B. Diseconomiesof scale
Comparative costtheory
D. Absolute cost theory

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If Japanese workers receive lower wages in the production of autos than do American workers:

A. Japan will have a comparative advantage in the production of autos B. Japan will have an Absolute advantage in the production of autos C. ProductioncostswillbelowerinJapanthanintheU.S. D. Production costs could be lower in the U.if American labor productivity is higher than the Japanese

Which trade theory suggests that a newly produced good, once exported, could ultimately end up being imported as the technology is transferred to lower-cost nations?

A firm is said to enjoy economies of scale over the range of output for which the long-run average cost is:

A product will be internationally traded as long as the pretrade price differential between the trading partners is:

Which of the following suggests that by widening the market's size, international trade can permit longer production runs for manufacturers, which leads to increasing efficiency?

A. Japan will have a comparative advantage in the production of autos
B. Japan will have an Absolute advantage in the production of autos
C. ProductioncostswillbelowerinJapanthanintheU.S.
D. Production costs could be lower in the U.if American labor productivity is higher than the Japanese