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第一章 单元测试
1、单选题：
In many developing nations, _________ provide employment opportunities and ____________ to pay for the many products that cannot be produced in the home country. （ ）
选项：
A:exports, outputs
B:exports, earnings
C:imports, outputs
D:imports, earnings
答案: 【exports, earnings
】
2、单选题：
The economic relationship and integration among nations is defined as:（ ）
选项：
A:open economies
B:macroeconomics
C:microeconomics
D:economic interdependence
答案: 【economic interdependence
】
3、单选题：
The ratio between a country’s imports and exports of goods or services to their gross domestic product (GDP) is a measure of that country’s:（ ）
选项：
A:economic interdependence
B:openness as an economy
C:microeconomics
D:macroeconomics
答案: 【economic interdependence
】
4、单选题：
The total value of all goods and services produced within a nation’s borders is called:（ ）
选项：
A:GDP
B:GNP
C:current account balance
D:net exports
答案: 【GDP
】
5、单选题：
The economic interdependence among nations has ___________ over recent history.（ ）
选项：
A:increased
B:decreased
C:uncertain
D:remained the same
答案: 【increased
】
6、单选题：
In 2020, under the COVID-19 VIRUS, we can guess that the world GDP ______________, while the world trade level ____________ .( )
选项：
A:decreased, decreased
B:decreased, increased
C:increased, increased
D:increased, decreased
答案: 【decreased, decreased
】
7、单选题：
Which of the following analyzes the basis for and gains from trade?（ ）
选项：
A:Balance of payments
B:International trade policy
C:International trade theory
D:Foreign exchange market
答案: 【International trade theory
】
8、单选题：
A summary statement of all the international transactions of the residents of a nation with the rest of the world during a particular period of time is called:（ ）
选项：
A:Net exports
B:GNP
C:GDP
D:Balance of payments
答案: 【Balance of payments
】
9、判断题：
When interest rates increase in a major large country, capital flows from abroad will increase. ( )
选项：
A:对
B:错
答案: 【对】
第二章 单元测试
1、单选题：
The economic force giving rise to the existence and degree of trade between two nations is referred to as:（ ）
选项：
A:basis for trade
B:pattern of trade
C:losses from trade
D:gains from trade
答案: 【basis for trade
】
2、单选题：
The increase in consumption in each nation resulting from specialization in production and trading is referred to as:（ ）
选项：
A:basis for trade
B:pattern of trade
C:losses from trade
D:gains from trade
答案: 【gains from trade
】
3、单选题：
The commodities exported and imported by each nation constitute the:（ ）
选项：
A:gains from trade
B:pattern of trade
C:losses from trade
D:basis for trade
答案: 【pattern of trade
】
4、单选题：
The school of thought during the seventeenth and eighteenth centuries proposing that the way for a nation to become richer was to restrict imports and stimulate exports was :（ ）
选项：
A:Classical School
B:Opportunity cost
C:Laissez Faire
D:Mercantilist
答案: 【Mercantilist
】
5、单选题：
_____________explains how mutually beneficial trade can take place even when one nation is less efficient than another nation in the production of all commodities.（ ）
选项：
A:The law of comparative advantage
B:Mercantilism
C:The labor theory of value
D:The law of absolute advantage
答案: 【The law of comparative advantage
】
6、单选题：
____________________states that the cost or price of a commodity is determined by, or can be inferred exclusively from, its labor content.（ ）
选项：
A:The opportunity cost theory
B:The law of comparative advantage
C:The labor theory of value
D:Mercantilism
答案: 【The labor theory of value
】
7、单选题：
____________________states that the true cost of a commodity is the amount of a second commodity that must be given up to release just enough resources to produce one more unit of the first commodity:（ ）
选项：
A:The opportunity cost theory
B:The law of comparative advantage
C:Mercantilism
D:The labor theory of value
答案: 【The opportunity cost theory
】
8、单选题：
The ability of one nation to produce a commodity using fewer resources than another nation is:（ ）
选项：
A:mercantilism
B:absolute advantage
C:specialization
D:comparative advantage
答案: 【absolute advantage
】
9、单选题：
When the amount of a commodity that must be given up to produce each additional unit of another commodity, regardless of the amount of the commodity foregone, is the same at every level of production, which of the following exists?（ ）
选项：
A:comparative advantage
B:constant opportunity costs
C:increasing opportunity costs.
D:absolute advantage
答案: 【constant opportunity costs
】
10、判断题：
The ratio of one commodity price to the price of another commodity is called relative commodity price.（ ）
选项：
A:对
B:错
答案: 【对】
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