課程名稱︰國際貿易理論與政策 課程性質︰國企系必修 課程教師︰盧信昌 開課學院：管理學院 開課系所︰國際企業學系 考試日期（年月日）︰Jan 12, 2010 考試時限（分鐘）：160分鐘 是否需發放獎勵金：Yes （如未明確表示，則不予發放） 試題 : Part I, Multiple Choice Questions (30%) 1. Monopolistic competition is associated with (a) cut-throat price competition. (b) product differentiation (c) explicit consideration at firm level of the feedback effects of other firms' priceing decisions. (d) high profit margins. (e) None of the above. 2. If output more than doubles when all inputs are doubled, productions is said to occur under considerations of (a) increasing returns to scale. (b) imperfect competition (c) intra-industry trade. (d) inter-industry trade. (e) None of the above. 3. A monopoly at home country engaged in international trade will (a) equate average to local costs (b) equate marginal costs with foreign marginal revenues. (c) equate marginal costs with the highest price the market will bear. (d) equate marginal costs with marginal revenues in both domestic and in foreign markets. (e) None of the above. 4. Two countries engaged in trade with products of no scale economies, produced under conditions of perfect competitions, are likely to be engaged in (a) monopolistic competition. (b) inter-industry trade. (c) intra-industry trade. (d) Heckscher-Ohlin trade. (e) None of the above. 5. Two countries engaged in trade in products with scale economies, produced under conditions of monopolistic competitions, are likely to be engaged in (a) price competition. (b) inter-industry trade. (c) intra-industry trade. (d) Heckscher-Ohlin trade. (e) None of the above. 6. Which of the following is a fixed percentage of the value of an imported product? (a) specific tariff. (b) Ad valorem tariff. (c) Nominal tariff. (d) Effective protection tariff. (e) None of the above. 7. The most vocal political pressure for tariffs us generally made by (a) comsumers lobbying for export tariffs. (b) comsumers lobbying for import tariffs. (c) comsumers lobbying for lower import tariffs. (d) producers lobbying for export tariffs. (e) producers lobbying for import tariffs 8. An important difference between tariffs and quotas is that tariffs (a) raise the price of the good. (b) generate tax revenue for the government. (c) stimulate international trade (d) help domestic producers (e) None of the above 9. The deadweight loss of a tariff (a) is a social loss because it promotes inefficient use of national resources. (b) is a social loss because it reduces the revenue of the government. (c) is not a social loss because it merely redistributes revenue from one sector to another. (d) is not a social loss because it is paid by rich corporations. (e) None of the above. 10.If a good is imported into (small) country H form country F, that the imposition of a tariff in country H (a) raises the price of the good in both countries(the "Law of One Price"). (b) raises the price in country H and does not affect its price in country F. (c) lowers the price of the good in both countries. (d) lowers the price of the good in H and could raise it in F. (e) raises the price of the good in H and lowers it in F. 11.Which organization determines procedures for the settlement of international trade disputes? (a) World Bank (b) World Trade Organization (c) International Monetary Organization (d) International Bank for Reconstruction and Develpoment (e) The League of Nations 12.The fact that trade policy often imposes harm on large number of people, and benefits only a few may be explained by (a) the lack of political involvement of the public. (b) the power of advertisement. (c) the problem of collective action. (d) the basic impossibility of the democratic system to reach a fair solution. (e) None of the above. 13.Direct foreign investment may take any of the following forms except (a) investors buying bons of an existing form overseas. (b) the creation of a wholly owned business overseas. (c) the takeover of an existing company overseas. (d) the constructions of a manufacturing plant overseas. (e) None of the above. 14.International labor mobility (a) leads to convergence by raising wages in destination and lowering them in source country. (b) is in accordance with the specific factors model. (c) is in accordance with the Heckscher-Ohlin factor proportions model. (d) leads to wage convergence by raising wages in source and lowering them in destination country. (e) is in accordance with scale economy model. 15.In a typical short-run productuon function, as labor increases (a) the marginal product of capital decreases. (b) the overall product of labor decreases. (c) the average product of labot decreases. (d) the marginal product of labor decreases. (e) None of above. Part II, Essay Problems: 1.(15%) Briefly describe the evolution of European Union during the past 10 years. How many countries are in Union currently? Do they all use Euro the common currency? What aspects of EU economy impress you most? 2.(15%) Describe the current macroeconomic situation in Japan. In your opinion, how cna one stimulate investment? How will free trade agreement between ASEAN countries and China influence Japan? 3.(45%) (1) Consider an outsourcing model in which Home's skilled labor has a relative wage higher than Foreign's skilled model and in which the costs of capital and trade are uniform across production activities. A. Will Home's outsourced production activities be high or low on the value chain for a given product? That is, will Home outsource production activities that are skilled labor intensive? Explain. B. Suppose that Home uniformly increases its tariff level, effectively increasing the cost of importing all goods and services from abroad. How does this affect the slicing of the value chain? C. Draw relative labor supply and demand diagrams for Home and Foreign showing the effect of this change. What happens to the relative wage in each country? (2) 何謂最適關稅率？　對於不同規模國家的社會福利影響是什麼？ (3) 自由貿易下對國內的獨占者影響為何？　配額對獨占者的保護效果該如何衡量？　請以圖 討論之。 --

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