Deneme Sınavı Soruları

Indifference curve

Constant returns to scale

Marginal rate of substitution

 Factor price equalization

Incomplete specialization in production

Trade surplus.

Increase.

Income.

Decrease.

Commodity.

Leontief paradox

Magnification effect 

Specific factors model

Elasticity of substitution

Factor price equalization

Currency depreciation

Currency appreciation

Revaluation

Devaluation

Foreign exchange rate

An American author

An Italian administrator 

A Swedish economist

A French director

A German scientist

the country’s international terms of trade,

the country’s absolute advantage,

the country’s international reserves,

the country’s currency appreciation,

the country’s market structure,

should produce and export products in which it has competitive advantage, and a country should import products in which it has a disadvantage,

should produce and export products in which it has comparative advantage, and a country should import products in which it has a disadvantage,

should produce and export products in which it has an absolute advantage, and a country should import products in which it has a disadvantage,

should produce and export products in which it has positive advantage, and a country should import products in which it has a disadvantage,

should produce and export products in which it has input advantage, and a country should import products in which it has a disadvantage.

lt is good at predicting the pattern of international trade.

It explains demand oriented model of international trade.

It determines the comparative advantage of the trading countries.

Producing a commodity slightly different from the commodity produced by the
competitor is called product differentiation.

It helps you to find out the pattern of trade.

There are many firms producing a homogenous commodity.

There are many consumers.

Demand preferences are the same in both countries.

It’s easy to enter in and exit out.

Firms and consumers are well-informed.

a perfectly competitive market

a different market type

lower earning

free

a production type

Adam Smith

Bertil Ohlin

Jacob Viner

David Hume

John Maynard Keynes

it can produce the good at a lower cost or with a higher productivity,

it can produce the good at alot or with a higher efficiency,

it can produce the good at a lower opportunity cost,

it can produce the good with a capital intensive production,

it can produce the good with a labor intensive production,

the prices of goods in that country would do not change,

the prices of goods in that country would rise,

the prices of goods in that country would decrease,

the prices of goods in that country would rise one year and decrease in following year,

the prices of goods in that country do not depend on trade,

It refers to the real side of international economics based on the physical movement of goods or services.

It is part of international economics deals with financial transactions.

It is part of international economics deals with services transactions.

It is part of international economics deals with only monetary transactions.

It is a system that involves exchanges of commodities for others.

Brazilian coffee

Saudi Arabian Petroleum

Turkish hazelnut

Danish silver-cutlery sets

Dutch tulips

Differences in Technology

Differences in Resource Endowments

Differences in Demand

Existence of Economies of Scale in Production

Differences in the stream of migration

Lowering the value of the national currency

Raising the value of the national currency

Increasing the value of the national currency compared to a foreign currency

Decreasing the value of the national currency compared to a foreign currency

The price at which a currency is exchanged for the other currency

it can produce a good at a lower average cost than another country,

it can produce a good at a lower opportunity cost than another country,

it can produce a good at a lower marginal cost than another country,

it can produce a good at a lower fixed cost than another country,

it can produce a good at a lower sunk cost than another country.

International monetary part of international economics deals with financial transactions

Decrease in the terms of trade refers to an improvement in the terms of trade

Increase in the terms of trade is referred to an improvement in the terms of trade

If total imports are more than the total exports within an economy, then there is a trade deficit

When total exports exceed total imports, it means that there is a trade surplus

Factor price index

Unemployment rate

Increasing returns to scale

Factor-intensity reversal

Traditional aims of trade restrictions