更多"[单选题]11.The H-O model is a general "的相关试题:
[单选题]8.In what way does partial equilibrium analysis differ from general equilibrium anal ysis?
A.A.The former but not the latter can be used to determine the equilibrium price wit h trade
B.B.the former but not the latter can be used to determine the equilibrium quantity with trade
C.C.the former but not the latter takes into consideration the interaction among all markets in the economy
D.D.the former gives only an approximation to the answer sought.
[单选题]11.If Px/Py exceeds the equilibrium relative Px/Py with trade
A.A.the nation exporting commodity X will want to export more of X than at brium
B.B.the nation importing commodity X will want to import less of X than at brium
C.C.Px/Py will fall toward the equilibrium Px/Py
D.D.all of the aboveequiliequili12.With free trade under increasing costs:
[单选题]The dividend growth model:
A. is only as reliable as the estimated rate of growth.
B. can only be used if historical dividend information is available.
C. considers the risk that future dividends may vary from their estimated values.
D. applies only when a company is currently paying dividends.
E. is based solely on historical dividend information.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题]The capital asset pricing model approach to equity valuation:
A. is dependent upon the unsystematic risk of a security.
B. assumes the reward-to-risk ratio increases as beta increases.
C. can only be applied to dividend-paying firms.
D. assumes a firm's future risks will be higher than its current risks.
E. assumes the reward-to-risk ratio is constant.
Difficulty: 1 Easy
Topic: Cost of equity
Learning Objective: 14-01 Determine a firm's cost of equity capital.
[单选题]The two-stage dividend growth model evaluates the current price of a stock based on the assumption a stock will:
A. pay an increasing dividend for a period of time and then cease paying dividends altogether.
B. increase the dividend amount every other year.
C. pay a constant dividend for the first two quarters of each year and then increase the dividend the last two quarters of each year.
D. grow at a fixed rate for a period of time after which it will grow at a different rate indefinitely.
E. pay increasing dividends for a fixed period of time, cease paying dividends for a period of time, and then commence paying increasing dividends for an indefinite period of time.
Difficulty: 1 Easy
Topic: Two-stage growth stock
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.
[单选题]What is the model called that determines the market value of a stock based on its next annual dividend, the dividend growth rate, and the applicable discount rate?
A. Maximal-growth model
B. Constant-growth model
C. Capital pricing model
D. Realized-earnings model
E. Realized-growth model
Difficulty: 1 Easy
Topic: Constant-growth stock
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.
[单选题]6.The gravity model of international trade predicts that trade between two nations is larger
A.A.the larger the two nations
B.B.the closer the nations
C.C.the more open are the two nations
D.D.all of the above
[单选题]15.The Ricardian trade model has been empirically
A.A.verified
B.B.rejected
C.C.not tested
D.D.tested but the results were inconclusive
[单选题]10.According to the H-O model, international trade will:
A.A.reduce international differences in per capita incomes
B.B.increases international differences in per capita incomes
C.C.may increase or reduce international differences in per capita incomes
D.D.lead to complete specialization
[单选题]1.The H-O model extends the classical trade model by:
A.A.explaining the basis for comparative advantage
B.B.examining the effect of trade on factor prices
C.C.both A and B
D.D.neither A nor B
[单选题]12.The H-O model is a simplification of the a truly general equilibrium modelbecause it deals with:
A.A.two nations
B.B.two commodities
C.C.two factors of production
D.D.all of the above
