超星 - 第6章测验

单选题

Members of the European Union find that "trade creation" is fostered when their economies are:

A. Highly competitive
B. Highly noncompetitive
C. Small in economic importance
D. Geographically distant

单选题

The European Union has achieved all of the following except:

Adopted a common fiscal policy for member nations
B. Established a common system of agricultural price supports
C. Disbanded all tariffs among its member countries
D. Levied common traiffs on products imported from nonmembers

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单选题

When the United States, Canada, and Mexico from a free trade area, and Mexico beings importing a product from Canada rather than from the lowest cost world producer.

A. Trade diversion occurs
B. Trade creation occurs
C. World welfare rises
D. World welfare falls to zero

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单选题

When the formation of a free trade area results in the reduction of trade with nonmember nations in favor of member countries,____ occurs.

A. Trade devaluation
B. Trade revaluation
C. Trade creation
D. Trade diversion

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单选题

Which country is not a member of the European Union?

A. Spain
B. Germany
C. France
D. Iceland

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单选题

The implementation of the European Union has:

A. Made it harder for Americans to compete against the Germans in the British market
B. Made it easier for Americans to compete against the Germans in the British market
C. Made it harder for Americans to compete against the Japanese in the British market
D. Made it easire for Americans to compete against the Japanese in the British market

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单选题

The common agricultural policy of the European Union has:

A. Increased American farm exports to the EU
B. Decreased American farm exports to the EU
C. Lowered the price of American farm exports to the EU
D. Not affected the price of American farm exports to the EU

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单选题

The implementation of a common market involves all of the following except:

A. Elimination of trade restrictions among member countries
B. A common tax system and monetary union
C. Prohibition of restrictions on factor movements
D. A common traiff levied in imports from nonmembers

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单选题

Under the common agricultual policy, exports of any surplus quantities of EU producer are encouraded through the usage of:

A. Variable levies
B. Exoprt subsidies
C. Import quotas
D. Countertrade

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单选题

In 1989 Canada and the United States agreed to implement a (an) ____ overatenyearperiod.

A. Customs union
B. Common market
C. Free trade area
D. Economic union

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