oldfinalexam - NOT FOR CIRCULATION NOT TO BE TAKEN AWAY THE...

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NOT FOR CIRCULATION NOT TO BE TAKEN AWAY THE UNIVERSITY OF HONG KONG ????-???? 2 nd Semester Examination Economics: ECON0301 Theory of International Trade Dr S Chiu May 17, ???? 9:30-11:30a.m. Candidates may use any self-contained, silent, battery-operated and pocket-sized calculator. The calculator should have numeral-display facilities only and should be used only for the purposes of calculation. It is the candidate’s responsibility to ensure that his calculator operates satisfactorily. Candidates must record the name and type of their calculators on the front page of their examination scripts.
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Answer ALL questions. The maximum score of the paper is 120. (1) (24 points) Assess whether each of the following statements is true, false or uncertain. In case your answer is “false” or “uncertain,” please explain with less than 30 words. (a) Two countries with the same factor endowment and the same production technologies will not benefit from trading with each other. (b) According to Stopler-Samuelson effect, an export biased growth will lead to
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This note was uploaded on 05/26/2011 for the course ECON 111 taught by Professor Chavez during the Spring '11 term at Air Force Academy.

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oldfinalexam - NOT FOR CIRCULATION NOT TO BE TAKEN AWAY THE...

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