國際貿易

Which one of the following statements is correct ?

When trade opens up between the two countries, 1 unit of toys can be exchanged for 0.4 units of garments. According to the principle of comparative advantage,

The table below shows the amount of labour input required to produce watches and oranges by Country X and Country Y respectively.

Based on the above information, ______ has an absolute advantage and ______ has a comparative advantage in producing watches.

The following table shows the amount of garments and shoes that country A and country B can produce with ALL of their resources.

Suppose there are two countries A and B. The following table shows the output per unit of resources in these two countries in a certain year:

According to the above table, Country A has a comparative advantage in producing Good ______ because ______.

By using one unit of resources, Country A can produce 10 units of good X or 5 units of good Y. We can then conclude that

Which of the following statements about international trade is correct if transportation cost increases?

The table below shows the amount of resources required to produce good X and good Y by Country A and Country B respectively.

Which of the following can be a mutually beneficial terms of trade?

Under free trade, a country exports computers and imports cars. Which of the following statements about the country must be correct?

The country

The output of DVDs and MP3 players per unit of input of Countries A and B are shown below respectively.

If both countries have 3 units of inputs and complete specialization takes place according to the principle of comparative advantage, the total output of the two countries is ______ units of DVD and ______ units of MP3 player.