2021商业银行招聘考试-相同项单选集_115(精选试题)

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1、精品文档_商业银行招聘考试-相同项单选集1、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconcludedthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreet

2、rade,economistsagree,makespossiblehigherstandardsoflivingallovertheglobe.Thecaseforfreetraderestslargelyonthisprinciple:aslongastradeisvoluntary,bothpartnersbenefit,otherwisetheywouldnttrade.Thebuyerofashirt,forexample,valuestheshirtmorethanthemoneyspent,whilethesellervaluesthemoneymore.Botharebette

3、roffbecauseofthesale.Moreover,itdoesntmatterwhethertheshirtsalesmanisfromtheUnitedStatesorHongKong(oranywhereelse).ThevastmajorityofAmericanmanufacturesfaceinternationalcompetition.Thiscompetitionforcescompaniestoimprovequalityandcutcosts.Bycontrast,protectionismencouragesmonopoly,lowerqualityandhig

4、herprices.Americanspayanenormouspriceforprotectionismover$60billionayear,or$1000forafamilyoffour.Thankstoprotectionism,forexample,Americanconsumerspaytwicetheworldpriceforsugar.Freetradealsomakestheworldeconomymoreefficient,byallowingnationstocapitalizeontheirstrengths.TheUnitedStateshasanadvantagei

5、nfoodproduction,forinstance,whileSaudiArabiahasanadvantageinoil.TheSaudiscouldundertakemassiveirrigationtobecomeself-sufficientinfood,butitismoreeconomicalforthemtoselloilandpurchasefoodfromus.Similarly,wecouldbecomeself-sufficientinpetroleumbysqueezingmoreoutofoilshale.Butitismuchlesscostlytobuysom

6、eofouroilfromSaudiArabia.Tradebetweenourtwocountriesimprovesthestandardoflivinginboth.Protectionismisbothwastefulandunjust.Ittaxesmostheavilythepeoplewhocanleastaffordit.Thus,tariffsthatraisethepriceofshoesburdenthepoormorethantherich.Despitethepowerfulcaseforfreetrade,theUnitedStatesandtherestofthe

7、worldhavealwaysbeenprotectionisttosomedegree.Thisisbecausefreetradebenefitsthegeneralpublic,whileprotectionismbenefitsspecialinterestgroups,whicharebetterorganized,betterfinancedandmoreinformed.Tomakemattersworse,muchofwhatwehearonthisissueismisinformationspreadbythespecialintereststhemselves.Theeco

8、nomists_.A.agreeontherestrictionofinternaltradeB.disagreewhethertorestrictfreetradeornotC.holddifferentargumentsbecauseoftheirdifferentinterestsD.agreeonfreetrade2、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconclud

9、edthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreetrade,economistsagree,makespossiblehigherstandardsoflivingallovertheglobe.Thecaseforfreetraderestslargelyonthisprinciple:aslongastradeisvoluntary,bothpartnersb

10、enefit,otherwisetheywouldnttrade.Thebuyerofashirt,forexample,valuestheshirtmorethanthemoneyspent,whilethesellervaluesthemoneymore.Botharebetteroffbecauseofthesale.Moreover,itdoesntmatterwhethertheshirtsalesmanisfromtheUnitedStatesorHongKong(oranywhereelse).ThevastmajorityofAmericanmanufacturesfacein

11、ternationalcompetition.Thiscompetitionforcescompaniestoimprovequalityandcutcosts.Bycontrast,protectionismencouragesmonopoly,lowerqualityandhigherprices.Americanspayanenormouspriceforprotectionismover$60billionayear,or$1000forafamilyoffour.Thankstoprotectionism,forexample,Americanconsumerspaytwicethe

12、worldpriceforsugar.Freetradealsomakestheworldeconomymoreefficient,byallowingnationstocapitalizeontheirstrengths.TheUnitedStateshasanadvantageinfoodproduction,forinstance,whileSaudiArabiahasanadvantageinoil.TheSaudiscouldundertakemassiveirrigationtobecomeself-sufficientinfood,butitismoreeconomicalfor

13、themtoselloilandpurchasefoodfromus.Similarly,wecouldbecomeself-sufficientinpetroleumbysqueezingmoreoutofoilshale.ButitismuchlesscostlytobuysomeofouroilfromSaudiArabia.Tradebetweenourtwocountriesimprovesthestandardoflivinginboth.Protectionismisbothwastefulandunjust.Ittaxesmostheavilythepeoplewhocanle

14、astaffordit.Thus,tariffsthatraisethepriceofshoesburdenthepoormorethantherich.Despitethepowerfulcaseforfreetrade,theUnitedStatesandtherestoftheworldhavealwaysbeenprotectionisttosomedegree.Thisisbecausefreetradebenefitsthegeneralpublic,whileprotectionismbenefitsspecialinterestgroups,whicharebetterorga

15、nized,betterfinancedandmoreinformed.Tomakemattersworse,muchofwhatwehearonthisissueismisinformationspreadbythespecialintereststhemselves.WhatistheauthorsattitudetowardprotectionismdenotedfromthefifthparagraphA.IronicB.SincereC.Gratefu.D.Appreciative3、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconcludedthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreetrade,economistsagree,ma

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