精品文档_商业银行招聘考试-相同项单选集1、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconcludedthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreetrade,economistsagree,makespossiblehigherstandardsoflivingallovertheglobe.Thecaseforfreetraderestslargelyonthisprinciple:aslongastradeisvoluntary,bothpartnersbenefit,otherwisetheywouldnttrade.Thebuyerofashirt,forexample,valuestheshirtmorethanthemoneyspent,whilethesellervaluesthemoneymore.Botharebetteroffbecauseofthesale.Moreover,itdoesntmatterwhethertheshirtsalesmanisfromtheUnitedStatesorHongKong(oranywhereelse).ThevastmajorityofAmericanmanufacturesfaceinternationalcompetition.Thiscompetitionforcescompaniestoimprovequalityandcutcosts.Bycontrast,protectionismencouragesmonopoly,lowerqualityandhigherprices.Americanspayanenormouspriceforprotectionismover$60billionayear,or$1000forafamilyoffour.Thankstoprotectionism,forexample,Americanconsumerspaytwicetheworldpriceforsugar.Freetradealsomakestheworldeconomymoreefficient,byallowingnationstocapitalizeontheirstrengths.TheUnitedStateshasanadvantageinfoodproduction,forinstance,whileSaudiArabiahasanadvantageinoil.TheSaudiscouldundertakemassiveirrigationtobecomeself-sufficientinfood,butitismoreeconomicalforthemtoselloilandpurchasefoodfromus.Similarly,wecouldbecomeself-sufficientinpetroleumbysqueezingmoreoutofoilshale.ButitismuchlesscostlytobuysomeofouroilfromSaudiArabia.Tradebetweenourtwocountriesimprovesthestandardoflivinginboth.Protectionismisbothwastefulandunjust.Ittaxesmostheavilythepeoplewhocanleastaffordit.Thus,tariffsthatraisethepriceofshoesburdenthepoormorethantherich.Despitethepowerfulcaseforfreetrade,theUnitedStatesandtherestoftheworldhavealwaysbeenprotectionisttosomedegree.Thisisbecausefreetradebenefitsthegeneralpublic,whileprotectionismbenefitsspecialinterestgroups,whicharebetterorganized,betterfinancedandmoreinformed.Tomakemattersworse,muchofwhatwehearonthisissueismisinformationspreadbythespecialintereststhemselves.Theeconomists_.A.agreeontherestrictionofinternaltradeB.disagreewhethertorestrictfreetradeornotC.holddifferentargumentsbecauseoftheirdifferentinterestsD.agreeonfreetrade2、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconcludedthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreetrade,economistsagree,makespossiblehigherstandardsoflivingallovertheglobe.Thecaseforfreetraderestslargelyonthisprinciple:aslongastradeisvoluntary,bothpartnersbenefit,otherwisetheywouldnttrade.Thebuyerofashirt,forexample,valuestheshirtmorethanthemoneyspent,whilethesellervaluesthemoneymore.Botharebetteroffbecauseofthesale.Moreover,itdoesntmatterwhethertheshirtsalesmanisfromtheUnitedStatesorHongKong(oranywhereelse).ThevastmajorityofAmericanmanufacturesfaceinternationalcompetition.Thiscompetitionforcescompaniestoimprovequalityandcutcosts.Bycontrast,protectionismencouragesmonopoly,lowerqualityandhigherprices.Americanspayanenormouspriceforprotectionismover$60billionayear,or$1000forafamilyoffour.Thankstoprotectionism,forexample,Americanconsumerspaytwicetheworldpriceforsugar.Freetradealsomakestheworldeconomymoreefficient,byallowingnationstocapitalizeontheirstrengths.TheUnitedStateshasanadvantageinfoodproduction,forinstance,whileSaudiArabiahasanadvantageinoil.TheSaudiscouldundertakemassiveirrigationtobecomeself-sufficientinfood,butitismoreeconomicalforthemtoselloilandpurchasefoodfromus.Similarly,wecouldbecomeself-sufficientinpetroleumbysqueezingmoreoutofoilshale.ButitismuchlesscostlytobuysomeofouroilfromSaudiArabia.Tradebetweenourtwocountriesimprovesthestandardoflivinginboth.Protectionismisbothwastefulandunjust.Ittaxesmostheavilythepeoplewhocanleastaffordit.Thus,tariffsthatraisethepriceofshoesburdenthepoormorethantherich.Despitethepowerfulcaseforfreetrade,theUnitedStatesandtherestoftheworldhavealwaysbeenprotectionisttosomedegree.Thisisbecausefreetradebenefitsthegeneralpublic,whileprotectionismbenefitsspecialinterestgroups,whicharebetterorganized,betterfinancedandmoreinformed.Tomakemattersworse,muchofwhatwehearonthisissueismisinformationspreadbythespecialintereststhemselves.WhatistheauthorsattitudetowardprotectionismdenotedfromthefifthparagraphA.IronicB.SincereC.Gratefu.D.Appreciative3、Disagreementsamongeconomistsarelegendary,butnotontheissueoffreetrade.Arecentsurveyofprominenteconomistsbothconservativeandliberalconcludedthataneconomistwhoarguesforrestrictinginternationaltradeisalmostascommontodayasaphysicianwhofavorsleeching.WhytheconsensusInternationalfreetrade,economistsagree,ma