Question

1..What does the Hechscher-Ohlin model predict about the pattern of trade?( )

（1.0分）
A、
Each country sells abundant factors of production.

B、
The pattern of trade depends on the size of the economy.

C、
Each country specializes in the production of goods that use available technology efficiently.

D、
Each country specializes in the production of goods that use its abundant factors intensively.

2.If good X from Country A faces a 5 percent tariff in Country B and 10 percent tariff in Country C , but if B and C have free trade between each other, then which one (and only one)of the following forms of economic integration do B and C belong to? ( )

（1.0分）
A、
preferential tariff arrangement

B、
free trade area

C、
customs union

D、
common market

3.An additional import duty imposed to offset the effect of concessions and subsidies granted by an exporting country to its exporters is known as_________. ( )

（1.0分）
A、
countervailing duty

B、
anti-dumping duty

C、
transit duty

D、
export duty

4.Which one of the following is NOT the principle of WTO? ( )

（1.0分）
A、
Transparency

B、
National treatment

C、
Protection through quota

D、
Most-favored-nation treatment

Answer 1

Answer:

D.

most favoured nation treatment