题目内容

For the United States, empirical studies indicate that over the past two decades the cost of international transportation relative to the Value of U.S. imports has:

A. Increased
B. Decreased
C. Notchanged
D. Noneofthe above

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Should international transportation costs decrease, the effect on international trade would include:

Anincreaseinthevolumeoftrade
B. Asmallergainfromtrade
C. Adeclineinthe income of home producers
D. Adecrease in level of specialization in production.

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That the division of labor is limited by the size of the market best applies to which explanation of trade?

A. Factorendowmenttheory
B. Productlife cycle theory
C. Economiesofscaletheory
D. Overlapping demand theory

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A larger variety of products results from international trade especially if:

A. Internationaltradeaffordsproducersmonopolypower
B. Nationalgovernmentslevyimporttariffsandquotas
C. Producinggoodsentailsincreasingcosts
D. Economiesofscaleexistforproducers

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With economies of scale and decreasing unit costs, a country has the incentive to:

A. Specializecompletelyintheproduct of its comparative advantage
B. Specializepartiallyinthe product of its comparative advantage
C. Specializecompletelyinthe product of its comparative disadvantage
D. Specializepartiallyintheproduct of its comparative disadvantage

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For the United States, empirical studies indicate that over the past two decades the cost of international transportation relative to the Value of U.S. imports has:

A. Increased B. Decreased C. Notchanged D. Noneofthe above

Should international transportation costs decrease, the effect on international trade would include:

That the division of labor is limited by the size of the market best applies to which explanation of trade?

A larger variety of products results from international trade especially if:

With economies of scale and decreasing unit costs, a country has the incentive to:

A. Increased
B. Decreased
C. Notchanged
D. Noneofthe above