If two bundles are on the same indifference curve, then（）
A. the consumer derives the same level of utility from each
B. the consumer derives the same level of ordinal utility from each but not the same level of cardinal utility
C. no comparison can be made between the two bundles since utility cannot really be measured
D. B and C
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Which of the following policies would NOT be consistent with the Mercantilist balance-of-trade doctrine（）
A. payment of high wages to labor
B. import duties on final products
C. export subsidies
D. prohibition of imports of manufactured goods
Which of following is NOT the factor affectting trade pattern（）
A. cultural affinity
B. geography
C. political factors
D. physics
Nowadays members of WTO also pay more attention on service trade compared with before. Because_____（）
A. service trade has become more important than merchandise trade
B. the issues of service trade usually combined with investment,which is important for world economic growth
C. service trade is more competitive than other kinds of trade
D. advanced countries has stronger competency in commercial service trade
Refer to the following table, according to the principle of comparative advantage,Table: Output possibilities for South Korea and Japan Output per worker per dayCountry Tons of steel VCRsSouth Korea 8
A. South Korea should export steel
B. South Korea should export steel and VCRs
C. Japan should export steel
D. Japan should export steel and VCRs
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