Roughly speaking, the terms of trade tell you how much a country gets for what it sells abroad and how much it pays for what it imports. Question 44Select one:a.大体说来，贸易条件反映一个国家出口商品的收入与进口商品的支出比例。b.大体说来，贸易条件反映一个国家出口商品的支出与进口商品的所得比例。c.大体说来，贸易条件反映一个国家出口商品的利润与进口商品的亏损比例。

The difference between what a country receives and pays for its exports and imports of goods.*1 pointbalance of paymentseconomies of scalenew trade theorybalance of tradecomparative cost principle

When the terms of trade risesGroup of answer choicesThe relative prices of export goods decreaseConsumers who prefer foreign goods are better off.The price index of import goods increasesThe country is unambiguously worse off

If a good is imported into (large) country H from country F, then the imposition of a tariff incountry HA) raises the price of the good in both countries (the "Law of One Price").B) raises the price in country H and cannot affect its price in country F.C) lowers the price of the good in both countries.D) lowers the price of the good in H and could raise it in F.E) raises the price of the good in H and lowers it in F.

This is as a source of revenue for the government and for the protection of domestic producers. a. import Tariff b. Import Duty c. Customs Duty d. Import Tax e. All of the above

If a country’s annual imports are $500 billion and its exports are $200 billion, the difference between the two representsMultiple Choicethe budget deficit.the country’s gross domestic product.the balance of trade.the country’s capital gains.