Instructions: This assignment is due at 8am, Oct 17. Please write down your STUDENT ID, NAME
(LAST, FIRST), and the answers to every questions on a piece of paper and deposit it into the assignment
dropbox outside the ECON department
PAST MIDTERM & PRACTICE QUESTIONS
This set of questions is designed to allow you to get familiar with the format of the exam. It also
offers some additional practice question for you to practice, especially for the materials that are not
International Trade Theory
Analyzes the basis of and the gains from international trade.
Focuses on the microeconomic aspects of the international
Questions to Answer
What is the basis for trade?
What is the pattern of trade?