此学习集的词语(50)
A main advantage of specialization results from:
a. Economies of large-scale production
If a nation has an open economy, it means that the nation:
d. Conducts trade with other countries
International trade forces domestic firms to become more competitive in terms of:
d. All of the above
the movement to free international trade is most likely to generate short-term unemployment in which industries?
b.Import-competing industries
How much physical output a worker producers in an hour's work depends on:
d. All of the above
Increased foreign competition tends to:
c.Place constraints on the wages of domestic workers
____ is the ability of a firm/industry, under free and fair market conditions, to design, produce, and market goods and services that are better and/or cheaper than those of other firms/industries.
a. Competitiveness
A firm's ____, relative to that of other firms, is generally regarded as the most important determinant of competitiveness.
d. Productivity
International trade tends to cause welfare losses to at least some groups in a country
a. The less mobile the country's resources
For a nation to maximize its productivity in a global economy:
c. Both imports and exports are necessary
International trade in goods and services tends to:
d. Increase the amount of competition facing home manufacturers
The real income of domestic producers and consumers can be increased by:
c. Technological progress and international trade
In the United States, automobiles are
c. Imported and exported
Recent empirical studies indicate that productivity performance in industries is:
a. Directly related to globalization of industries
Empirical research indicates that ____ best enhances productivity gains for firms and industries.
c. Global competition
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