World Economy (tests MEI)

Product description

Task 1.

Question 1. What scientist discovered the theory of absolute advantages:

• Marx;

• Ricardo;

• Adam Smith;

• DZh.Keyns;

• 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

• 3; 1.5;

• 2, 2.5;

• 2,5; 1,5;

• 1,25; 2;

5., 0.5, 2.25.

Question 3. What are the disadvantages of the theory of comparative advantage:

• The transport costs are not taken into account;

• ignored international movement of factors of production;

• not taken into account changes in the relative levels of labor productivity in different countries;

• All the answers are correct;

• there is no right answer.

Question 4. According to the Heckscher-Ohlin model, which seeks to export the products each country?

• which are used extensively for her excessive factors of production;

• which are used extensively scarce factors of production;

• consumer goods;

• there is no right answer;

• All the answers are correct.

Question 5. The theorem Heckscher -Olina:

• The logic is impeccable;

• do not take into account the quality and heterogeneity of labor and capital;

• does not account for the reversibility of the factors of production;

• The correct answer is 2, 3.

• 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:

• The theory of absolute advantage;

• The theory of comparative advantage;

• The theory of product life cycle;

• The Heckscher-Ohlin theory;

• The theory of economies of scale.

Question 2. Which scientist theorized life cycle of the goods?

• V.Leontev;

• R.Vernon;

• P.Kryugman;

• Ricardo;

• Adam Smith.

Question 3. Production of some of the goods does not fit into the theory of the life cycle of the goods:

• The short-lived;

• The high cost of transport;

• have a great opportunity to differentiate on quality;

• The correct answer is 1,2,3.

• The long lifecycle.

Question 4: Who proposed the theory of economies of scale:

• R.Vernon;

• P.Kryugman, K.Lankaster;

• B.Minhas;

• Marx;

• there is no right answer.

Question 5: What is the theory of economies of scale?

• 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;

• by increasing the scale of production unit costs per unit of output decline with you, start by saving on the elements of variable costs;

• 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;

• The reduction in the scale of production unit costs per unit of output rise with you, start by increasing variable costs;

• there is no right answer.