大学MOOC International Economics(Beijing Institute of Technology)1458007164 最新慕课完整章节测试答案
Chapter 2. Why Nations Trade （ Part 2）
Test
1、单选题：
The trading principle formulated by Adam Smith maintained that:
选项：
A: International prices are determined from the demand side of the market
B: Differences in resource endowments determine comparative advantage
C: Differences in income levels govern world trade patterns
D: Absolute cost differences determine the immediate basis for trade
答案: 【 Absolute cost differences determine the immediate basis for trade】
2、单选题：
Unlike Adam Smith, David Ricardo’s trading principle emphasizes the:
选项：
A: Demand side of the market
B: Supply side of the market
C: Role of comparative costs
D: Role of absolute costs
答案: 【 Role of comparative costs】
3、单选题：
When a nation requires fewer resources than another nation to produce a product, the nation is said to have a(n):
选项：
A: Absolute advantage in the production of the product
B: Comparative advantage in the production