国际经济学 期末考试重点名词解释汇总（Explanation of key terms in international economics final examination）.doc

国际经济学 期末考试重点名词解释汇总（Explanation of key terms in international economics final examination） 1. complete specialization: when the opportunity cost is constant, a country produces products with comparative advantage. 2. the opportunity cost is constant: the quantity of another product that must be abandoned every 1 units of a certain product is fixed. 3. exit barriers: refers to the existing enterprises in the market prospect is not good, enterprise performance is not good when want to quit the industry (market), but because of various factors of obstruction, resources can not be smoothly transferred out 4. Free Trade: free trade refers to the government does not use tariffs, quotas or other forms of intervention in international trade policy 5. international trade gains: refers to through the international trade obtains the enhancement national economy welfare level, promotes the economic development the advantageous result 6. the theory of labor value is the theory that the commodity value is created by the abstract human labor, namely, the abstract labor 7. marginal cost increase: the cost of unit product rises with the increase of production 8. mercantilism: 1. Gold and silver are equal to wealth (1) domestic trade can not increase the wealth of a country, while international trade can increase a countrys wealth; (2) international trade is a zero sum game, because international wealth will not increase Two. Awards and restrictions on the protection of trade policy (1) managing economic activities by controlling production and labor; (2) implement low wage policy to reduce product cost Three. Exploit the international market by force The 9. part is specialization: trade means that each country is partly specialized to produce goods with comparative advantage. 10. the principle of absolute advantage: the trade between the two countries is based on the absolute difference in production costs between the two countries. 11., the principle of comparative advantage is that