国际金融英文chapter 1--03版(5)

作业

8) Refer to Table 1.1. If trade takes place at Brazil's domestic price, ________ snowboards will be required to obtain 1 digital camera.

A) 4

B) 2 and 2/3

C) 1.25

D) 0.25

Answer: A

Diff: 2

Topic: 1.2 Comparative Advantage

Skill: Analytical

9) Refer to Table 1.1. If each country specializes in their production with Austria producing only digital cameras and Russia producing only snowboards, at a trading rate of three snowboards per digital camera, how many cameras and snowboards will be available to be consumed in Austria if they trade 3,000 cameras to Russia?

A) 9,000 snowboards and 5,000 digital cameras

B) 3,000 snowboards and 3,000 digital cameras

C) 3,000 snowboards and 9,000 digital cameras

D) There is not enough information to answer this question.

Answer: A

Diff: 2

Topic: 1.2 Comparative Advantage

Skill: Analytical

10) Refer to Table 1.1. If each country specializes in their production with Austria producing only

digital cameras and Russia producing only snowboards, at a trading rate of three snowboards per digital camera, how many cameras and snowboards will be available to be consumed in Russia if they trade 9,000 snowboards to Austria?

A) 9,000 snowboards and 5,000 digital cameras

B) 3,000 snowboards and 3,000 digital cameras

C) 3,000 snowboards and 9,000 digital cameras

D) There is not enough information to answer this question.

Answer: C

Diff: 2

Topic: 1.2 Comparative Advantage

Skill: Analytical

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