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1、1.?Bydefinition,importsare?a.?peoplewhoworkinforeigncountries.?b.?goodsinwhichacountryhasanabsoluteadvantage.?c.?limitsplacedonthequantityofgoodsleavingacountry.?d.?goodsproducedabroadandsolddomestically.ANSWER:??dDIFFICULTY:??EasyLEARNING?OBJECTIVES:??ECON.MANK.098-Examinetheeffec
2、tsofinternationaltradeonexportingandimportingcountries.TOPICS:??InternationaltradeImportsKEYWORDS:??BLOOM'S:KnowledgeCUSTOM?ID:??001.03.3-MC-MANK082.?Bydefinition,exportsare?a.?limitsplacedonthequantityofgoodsbroughtintoacountry.?b.?goodsinwhichacountryhasanabsoluteadvantage.?c.?pe
3、oplewhoworkinforeigncountries.?d.?goodsproduceddomesticallyandsoldabroad.ANSWER:??dDIFFICULTY:??EasyLEARNING?OBJECTIVES:??ECON.MANK.098-Examinetheeffectsofinternationaltradeonexportingandimportingcountries.TOPICS:??InternationaltradeExportsKEYWORDS:??BLOOM'S:KnowledgeCUSTOM?ID:??00
4、2.03.3-MC-MANK083.?Goodsproducedabroadandsolddomesticallyarecalled?a.?exports.?b.?imports.?c.?exchangerates.?d.?opportunitycosts.ANSWER:??bDIFFICULTY:??EasyLEARNING?OBJECTIVES:??ECON.MANK.098-Examinetheeffectsofinternationaltradeonexportingandimportingcountries.TOPICS:??Internation
5、altradeImportsKEYWORDS:??BLOOM'S:KnowledgeCUSTOM?ID:??003.03.3-MC-MANK084.?Tradebetweencountries?a.?allowseachcountrytoconsumeatapointoutsideitsproductionpossibilitiesfrontier.?b.?limitsacountry’sabilitytoproducegoodsandservicesonitsown.?c.?mustbenefitbothcountriesequally;otherwise
6、,tradeisnotmutuallybeneficial.?d.?canbestbeunderstoodbyexaminingthecountries’absoluteadvantages.CopyrightCengageLearning.PoweredbyCognero.Page?10ANSWER:??aDIFFICULTY:??ModerateLEARNING?OBJECTIVES:??ECON.MANK.089-Evaluatethepotentialgainsfromtradeusingcomparativeandabsoluteadvantage
7、.TOPICS:??InternationaltradeKEYWORDS:??BLOOM'S:ComprehensionCUSTOM?ID:??004.03.3-MC-MANK085.?Whenacountryhasacomparativeadvantageinproducingacertaingood,?a.?thecountryshouldimportthatgood.?b.?thecountryshouldproducejustenoughofthatgoodforitsownconsumption.?c.?thecountry’sopportunit
8、ycostofthatgoodishighrelat
