超星 - 第1章测验

单选题

International trade is based on the idea that:

A. Exports should exceed imports
B. Imports should exceed exports
C. Resources are more mobile internationally than are goods
D. Resources are less mobile internationally than are goods

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单选题

Increased foreign competition tends to:

A. Intensify inflationary pressures at home
B. Induce falling output per worker-hour for domestic workers
C. Place constraints on the wages of domestic workers
D. Increase profits of domestic import-competing industries

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单选题

____ is the ability of a firm/industry, under free and fair market conditions, to design, produce, and market goods and services that are better and /or cheaper than those of other firms /industries.

A. Competitiveness
B. Protectionism
Comparative advantage
D. Absolute advantage

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单选题

A firm's ____, relative to that of other firms, is generally regarded as the most important determinant of competitiveness.

A. Income level
B. Tastes and preferences
C. Governmental regulation
D. Productivity

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单选题

Free traders maintain that an open economy is advantageous in that it provides all of the following except:

A. Increased competition for world producers
B. A wider selection of products for consumers
C. The utilization of the most efficient production methods
D. Relatively high wage levels for all domestic workers

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单选题