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Assume, for the U.S., that the domestic price of wheat without international trade is higher than the world price of wheat. This suggests that, in the production of wheat,

A.the U.S. has a comparative advantage over other countries and the U.S. will export wheat

B.the U.S. has a comparative advantage over other countries and the U.S. will import wheat.

C.other countries have a comparative advantage over the U.S. and the U.S. will export wheat.

D.other countries have a comparative advantage over the U.S. and the U.S. will import wheat.

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更多“Assume, for the U.S., that the…”相关的问题

第1题

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise

Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

A company has equipment with an original cost of $850,000, accumulated amortization of $300,000 and 5 years of estimated remaining useful life. Due to a change in market conditions the company now estimates that the equipment will only generate cash flows of $80,000 per year over its remaining useful life. The company’s incremental borrowing rate is 8 percent. Which of the following statements concerning impairment and future return on assets (ROA) is most accurate? The asset is:

A. impaired and future ROA increases.

B. impaired and future ROA decreases.

C. not impaired and future ROA increases.

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第2题

Assume domestic automakers are growing at a rate of –2%. Ford expects to increase its market share

Laura James is the head portfolio manager for National Fund, a U.S. based mutual fund with a well-respected track record. National’s primary focus is on large-cap domestic equities, and the fund has consistently posted highreturns relative to its peer group over the past seven years. Much of National’s recent success is from itsinvestments in the U.S. automobile industry, which have posted extraordinary returns due to a favorable economic scenario. Over the past seven years, the U.S. economy has been expanding, foreign competition has not met consumer expectations, and oil prices have remained low. These factors have contributed to an increase in market share for the domestic producers (at the expense of foreign competitors), and the result has been strong earnings for the top U.S. automakers.

Ford Motor Company, in particular, has enjoyed tremendous success in this environment. Ford has capitalized on the trend toward bigger vehicles, particularly sport utility vehicles (SUVs), and has outperformed the other domestic auto makers. Ford jumped on the SUV bandwagon early, and established its dominance. Other domestic auto makers followed, with foreign producers being the last to embrace the trend. Ford, has increased its market share in an increasingly competitive industry.

James is constantly reviewing economic forecasts and industry data in order to assess the expected performance of the investments in National’s portfolio. Due to changes in economic policy and recent volatility in energy prices, James now believes that current market conditions exhibit signs of contraction (recession). In addition, the automobile sector may be facing additional negative factors. In particular, James has concerns regarding the SUV segment of the automobile industry. Although she believes they will remain popular, she is concerned that the market may be reaching a point of saturation. In addition, volatile energy prices may dampen consumers’ enthusiasm for large vehicles. Lastly, foreign competitors have increased efforts toward the production of SUVs, thus “crowding” the market with many new models.

Part 3)

Assume domestic automakers are growing at a rate of –2%. Ford expects to increase its market share by 0.5%. What is Ford’s growth rate?

A)1.5%.

B)-3.0%.

C)-1.5%.

D)3.0%.

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第3题

Americans don't like to lose wars. Of course, a lot depends on how you define just what a
war is. There are shooting wars—the kind that test patriotism and courage—and those are the kind at which the U.S. excels. But other struggles test those qualities too. What else was the Great Depression or the space race or the construction of the railroads? If Americans indulge in a bit of flag-waving when the job is done, they earned it.

Now there is a similar challenge: global warming. The steady deterioration (恶化) of the very climate of this very planet is becoming a war of the first order, and by any measure, the U.S. is losing. Indeed, if America is fighting at all, it's fighting on the wrong side. The U.S. produces nearly a quarter of the world's greenhouse gases each year and has stubbornly made it clear that it doesn't intend to do a whole lot about it. Although 174 nations approved the admittedly flawed Kyoto accords to reduce carbon levels, the U.S. walked away from them. There are vague promises of manufacturing fuel from herbs or powering cars with hydrogen. But for a country that tightly cites patriotism as one of its core values, the U.S. is taking a pass on what might be the most patriotic struggle of all. It's hard to imagine a bigger fight than one for the survival of a country's coasts and farms, the health of its people and the stability of its economy.

The rub is, if the vast majority of people increasingly agree that climate change is a global emergency, there's far less agreement on how to fix it. Industry offers its plans, which too often would fix little. Environmentalists offer theirs, which too often amount to na; ve wish lists that could weaken America's growth. But let's assume that those interested parties and others will always be at the table and will always demand that their voices be heard and that their needs be addressed. What would an aggressive, ambitious, effective plan look like—one that would leave the U.S. both environmentally safe and economically sound?

Halting climate change will be far harder. One of the more conservative plans for addressing the problem calls for a reduction of 25 billion tons of carbon emissions over the next 52 years. And yet by devising a consistent strategy that mixes short-term solutions with far-sighted goals, combines government activism with private-sector enterprise and blends pragmatism (实用主义) with ambition, the U.S. can, without major damage to the economy, help halt the worst effects of climate change and ensure the survival of its way of life for future generations. Money will do some of the work, but what's needed most is will. "I'm not saying the challenge isn't almost overwhelming," says Fred Krupp. "But this is America, and America has risen to these challenges before."

What does the passage mainly discuss?

A.Human wars.

B.Economic crisis.

C.America's environmental policies.

D.Global environment in general.

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第4题

Assume an industry exhibits tendencies of “regression toward the mean.” This could mean all of the

Laura James is the head portfolio manager for National Fund, a U.S. based mutual fund with a well-respected track record. National’s primary focus is on large-cap domestic equities, and the fund has consistently posted highreturns relative to its peer group over the past seven years. Much of National’s recent success is from itsinvestments in the U.S. automobile industry, which have posted extraordinary returns due to a favorable economic scenario. Over the past seven years, the U.S. economy has been expanding, foreign competition has not met consumer expectations, and oil prices have remained low. These factors have contributed to an increase in market share for the domestic producers (at the expense of foreign competitors), and the result has been strong earnings for the top U.S. automakers.

Ford Motor Company, in particular, has enjoyed tremendous success in this environment. Ford has capitalized on the trend toward bigger vehicles, particularly sport utility vehicles (SUVs), and has outperformed the other domestic auto makers. Ford jumped on the SUV bandwagon early, and established its dominance. Other domestic auto makers followed, with foreign producers being the last to embrace the trend. Ford, has increased its market share in an increasingly competitive industry.

James is constantly reviewing economic forecasts and industry data in order to assess the expected performance of the investments in National’s portfolio. Due to changes in economic policy and recent volatility in energy prices, James now believes that current market conditions exhibit signs of contraction (recession). In addition, the automobile sector may be facing additional negative factors. In particular, James has concerns regarding the SUV segment of the automobile industry. Although she believes they will remain popular, she is concerned that the market may be reaching a point of saturation. In addition, volatile energy prices may dampen consumers’ enthusiasm for large vehicles. Lastly, foreign competitors have increased efforts toward the production of SUVs, thus “crowding” the market with many new models.

Part 1)

Assume an industry exhibits tendencies of “regression toward the mean.” This could mean all of the followingEXCEPT:

A)profits are high and competition increases from other firms in the industry.

B)profits increase as firms enter the industry.

C)profits are low and firms flee the industry.

D)prices could increase or decrease depending on the level of profits.

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第5题

假设单个汽车生产商的固定成本是50亿美元,而每辆车的可变成本是17000美元。厂商越多,竞争越激烈
,价格就下降。具休说假设单个汽车生产商的固定成本是50亿美元,而每辆车的可变成本是17000美元。厂商越多,竞争越激烈,,n为市场上厂商的数量。设美国和欧洲市场上分别有3亿和5.33亿人口。

a.在没有对外贸易时,美国和欧洲汽车市场上均衡的厂商数量是多少?

b.在没有对外贸易时,美国和欧洲汽车市场上均衡的价格是多少?

c.现在假设美欧之间进行自由贸易,美国市场上除了原有的3亿人口外,将增加5.33亿人口。在美国和欧洲汽车市场上将有多少汽车厂商?汽车新的均衡价格是多少?

d.美国市场上汽车的价格在b和c中为何不同?自由贸易改善了消费者的福利吗?是怎样改善的?

Suppose that fixed costs for a firm in the automobile industry (start- up costs of factories, capital equipment, and so on) are $5 billion and that variable costs are equal to $17,000 per finished automobile. Because more firms increase competition in the market, the market price falls as more firms enter an automobile market, or specifically, where n represents the number of firms in a market. Assume that the initial size of the U.S. and the European automobile markets are 300 million and 533 million people, respectively.

a.Calculate the equilibrium number of firms in the U.S. and European automobile markets without trade.

b.What is the equilibrium price of automobiles in the United States and Europe if the automobile industry is closed to foreign trade?

c.Now suppose that the United States decides on free trade in automobiles with Europe. The trade agreement with the Europeans adds 533 million consumers to the automobile market, in addition to the 300 million in the United States. How many automobile firms will there be in the United States and in Europe combined? What will be the new equilibrium price of automobiles?

d.Why are prices in the United States different in (c) than in (b) ? Are consumers better off with free trade? In what ways?

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第6题

可以把美国和日本的贸易政策看作一个囚徒困境。这两个国家正在研究开放还是封闭它们的重要市场
的政策。设支付矩阵如下表所示。

(1)设各国都了解该支付矩阵并相信另一国会根据它自己的利益行事。两个国家都有一个占优策略吗?如果各国都为了最大化其福利而采取理性的行为,均衡政策将是什么?

(2)现在假设日本不能肯定美国一定会表现得很理性。特别是,日本担心美国政治家即.使不能最大化美国的福利也要惩罚日本。这将如何影响日本的策略选择?这将如何改变均衡?

We can think of the U. s. and Japanese trade policies as a Prisoners' Dilemma. The two countries are considering policies to open or close their import markets. Suppose the payoff matrix is:

a Assume that each country knows the payoff matrix and believes that the other country will act in its own interest. Does either country have a dominant strategy? What will the equilibrium policies if each country acts rationally to maximize its welfare?

b. Now amuse that Japan is mot certain that the u.s. will behave ration.In particular Japan is concerned that U. S. g politicians may want to penalize Japan even if that does not maximize

U. S. welfare. How might this affect Japan' s choice of strategy? How might this change the equilibrium?

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第7题

People often assume that a decision is fin______(isolate)phenomenon.

People often assume that a decision is fin______(isolate)phenomenon.

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第8题

9.普遍认为,紧张是工作过重所致。(assume)
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第9题

9.普遍认为,紧张是工作过重所致。(assume)
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第10题

To assume is to: _______

A.suppose to be true

B.prove to be false

C.not care

D.argue for

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