World Economy (tests MEI)

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Task 1.
Question 1. What scientist discovered the theory of absolute advantages:
1. Marx;
2. Ricardo;
3. Adam Smith;
4. DZh.Keyns;
5. R.Vernon.
Question 2. According to Table 1, calculate the price of a tank 1 in Russia and 1 tank in Germany (with respect to av-cle):
Table 1.
Country Number of tanks on the unit. Resources of vehicles
on units. resources
Russia 0.2 0.25
Germany 0.25 0.5
1. 3; 1.5;
2. 2, 2.5;
3. 2,5; 1,5;
4. 1,25; 2;
5., 0.5, 2.25.
Question 3. What are the disadvantages of the theory of comparative advantage:
1. The transport costs are not taken into account;
2. ignored international movement of factors of production;
3. not taken into account changes in the relative levels of labor productivity in different countries;
4. All the answers are correct;
5. there is no right answer.
Question 4. According to the Heckscher-Ohlin model, which seeks to export the products each country?
1. which are used extensively for her excessive factors of production;
2. which are used extensively scarce factors of production;
3. consumer goods;
4. there is no right answer;
5. All the answers are correct.
Question 5. The theorem Heckscher -Olina:
1. The logic is impeccable;
2. do not take into account the quality and heterogeneity of labor and capital;
3. does not account for the reversibility of the factors of production;
4. The correct answer is 2, 3.
5. do not take into account particular geographical situation of the country .;
Task 2.
Question 1: What is the theory explains the development of world trade in manufactured goods based on the stages of their lives:
1. The theory of absolute advantage;
2. The theory of comparative advantage;
3. The theory of product life cycle;
4. The Heckscher-Ohlin theory;
5. The theory of economies of scale.
Question 2. Which scientist theorized life cycle of the goods?
1. V.Leontev;
2. R.Vernon;
3. P.Kryugman;
4. Ricardo;
5. Adam Smith.
Question 3. Production of some of the goods does not fit into the theory of the life cycle of the goods:
1. The short-lived;
2. The high cost of transport;
3. have a great opportunity to differentiate on quality;
4. The correct answer is 1,2,3.
5. The long lifecycle.
Question 4: Who proposed the theory of economies of scale:
1. R.Vernon;
2. P.Kryugman, K.Lankaster;
3. B.Minhas;
4. Marx;
5. there is no right answer.

Question 5: What is the theory of economies of scale?
1. The increase in the scale of production unit costs per unit of output decrease with increasing-you start by saving on the elements of fixed costs;
2. by increasing the scale of production unit costs per unit of output decline with you, start by saving on the elements of variable costs;
3. The reduction in the scale of production unit costs per unit of output decline with you, start by saving on the elements of variable costs;
4. The reduction in the scale of production unit costs per unit of output rise with you, start by increasing variable costs;
5. there is no right answer.

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  • Updated on the site 27.09.2013

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