Exam 1: Trade in the Global Economy

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(Table: Costs Associated with Phone Supply Chain) Jane Smith, a U.S. citizen, purchases a phone from AT&T for $300. By how much did Jane's purchase change the U.S. trade balance with China?

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Question 101

What was the General Agreement on Tariffs and Trade (GATT)?

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Question 102

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Which of the following statements about trade is true?

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Question 103

What is the name given to a tax on imported goods?

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Question 104

What is an import tariff?

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Question 105

Irene Jones, a U.S. citizen, purchases a shirt from Walmart for $10 that Walmart imported from China for $5. How did these transactions change the values of U.S. and Chinese imports and exports and the U.S.-Chinese and Chinese-U.S. bilateral trade balances?

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Question 106

China has received a great deal of FDI. Why?

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Question 107

Which of the following countries is NOT a member of the European Union?

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Question 108

In general, migration is _____ than trade.

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Question 109

Despite hopes that migration between nations in the European Union would be free, several nations have agreements to restrict it. Why?

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Question 110

What nations have the world's highest volume of international trade with one another?

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Question 111

The U.S. trade-to-GDP ratio is:

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Question 112

Which of the following economic groupings has the largest volume of trade among its member nations?

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Question 113

How many countries are members of the European Union as of May 2016?

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Question 114

Which of the following countries was a member of the European Union prior to 2004?

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Question 115

The difference between the total value of a country's exports and the total value of its imports is defined as the country's:

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Question 116

Whenever the value of a nation's exports is less than the value of its imports, the nation has:

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Question 117

Which of the following is a reason why the Japanese truck manufacturer Toyota might want to acquire or construct a plant in the United States?

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Question 118

Why isn't the U.S.-Chinese bilateral trade balance a good indicator of the inequality of imports and exports between the United States and China?

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Question 119

What do economists call factors that reduce the total dollar volume of goods and services sold across international borders?

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Question 120

Showing 101 - 120 of 135

Exam 1: Trade in the Global Economy

(Table: Costs Associated with Phone Supply Chain) Jane Smith, a U.S. citizen, purchases a phone from AT&T for $300. By how much did Jane's purchase change the U.S. trade balance with China?

What was the General Agreement on Tariffs and Trade (GATT)?

Which of the following statements about trade is true?

What is the name given to a tax on imported goods?

What is an import tariff?

Irene Jones, a U.S. citizen, purchases a shirt from Walmart for $10 that Walmart imported from China for $5. How did these transactions change the values of U.S. and Chinese imports and exports and the U.S.-Chinese and Chinese-U.S. bilateral trade balances?

China has received a great deal of FDI. Why?

Which of the following countries is NOT a member of the European Union?

In general, migration is _____ than trade.

Despite hopes that migration between nations in the European Union would be free, several nations have agreements to restrict it. Why?

What nations have the world's highest volume of international trade with one another?

The U.S. trade-to-GDP ratio is:

Which of the following economic groupings has the largest volume of trade among its member nations?

How many countries are members of the European Union as of May 2016?

Which of the following countries was a member of the European Union prior to 2004?

The difference between the total value of a country's exports and the total value of its imports is defined as the country's:

Whenever the value of a nation's exports is less than the value of its imports, the nation has:

Which of the following is a reason why the Japanese truck manufacturer Toyota might want to acquire or construct a plant in the United States?

Why isn't the U.S.-Chinese bilateral trade balance a good indicator of the inequality of imports and exports between the United States and China?

What do economists call factors that reduce the total dollar volume of goods and services sold across international borders?

Trade and Technology: The Ricardian Model

Gains and Losses From Trade in the Specific-Factors Model

Trade and Resources: the Heckscher-Ohlin Model

Movement of Labor and Capital Between Countries

Increasing Returns to Scale and Monopolistic Competition

Offshoring of Goods and Services

Import Tariffs and Quotas Under Perfect Competition

Import Tariffs and Quotas Under Imperfect Competition

Export Subsidies in Agriculture and High-Technology Industries

International Agreements: Trade, Labor, and the Environment

The Global Macroeconomy

Introduction to Exchange Rates and the Foreign Exchange Market

Exchange Rates I: the Monetary Approach in the Long Run

Exchange Rates II: the Asset Approach in the Short Run

National and International Accounts: Income, Wealth, and the Balance of Payments

Balance of Payments I: the Gains From Financial Globalization

Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run

Fixed Versus Floating: International Monetary Experience

Exchange Rate Crises: How Pegs Work and How They Break

The Euro

Topics in International Macroeconomics

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