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1、国际贸易英文重点名词解释整理Immiserizing growth: the situation where a nations terms of trade deteriorate so much as a result of growth that the nation is worse off after growth than before,even if growth without trade tends to improve the nations welfare. H-O theory：the theory that postulates that (a) a nation e
2、xports commodities intensive in its relatively abundant and cheap factor and (b) international trade brings about equalization in returns to homogeneous factors across countries. Factor-price equalization theorem: the part of the H-O theory that predicts,under highly restrictive assumptions,that int
3、ernational trade will bring about equalization in relative and absolute returns to homogeneous factors across nations. Stolper-Samuelson theorem: it postulates that free international trade reduces the real income of the nations relatively scarce factor and increases the real income of the nations r
4、elatively abundant factor. Specific-factors model:the model to analyze the effect of a change in commodity price on the returns of factors in a nation when at least one factor is not mobile between industries. Leontief paradox:the empirical finding that U.S. Import substitutes were more K intensive
5、than U.S. Exports.this is contrary to the H-O trade model,which predicts that ,as the most K-abundant nation,the United States should import L-intensive products and export K-intensive products. Differentiated products:the somewhat different products(such as automobiles)produced by different manufac
6、turers in the same industry or general product group. Intra-industry trade:international trade in the differentiated products of the same industry or broad product group. Product cycle model:the hypothesis,advanced by Vernon,that new products introduced by industrial nations and produced with skille
7、d labor eventually become standardized and can be produced in other nations with less skilled labor. (13)optimum tariff: the tariff that maximizes the net benefit resulting from improvement in the nations terms of trade against the negative effect resulting from reduction in the volume of trade. (14
8、)Terms of trade effect of a tariff: the reduction in the price of the import commodity that results when a large nation imposes an import tariff. (15)Nominal tariff: A tariff calculated on the price of a final commodity. (16)Rate of effective protection: The tariff calculated on the domestic value a
9、dded in the production of a commodity. (17)Rybczynski theorem: postulates that at constant commodity prices,an increase in the endowment of one factor will increase by a greater proportion the output of the commodity intensive in that factor and will reduce the output of the other commodity. (18)Cus
10、toms union: removes all barriers on trade among members and harmonizes trade policies toward the rest of the world. (19) external economies： Economists define external economies as productivity gains and costs reductions that an individual firm reaps from the expansion of other firms in the same ind
11、ustry. (20)Export subsidies: the granting of tax relief and subsidized loans to potential exporters,and low-interest loans to foreign buyers of the nations exports. (21)Trade gain: the increase in consumption in each nation resulting from specialization in production and trading. (22)Absolute advant
12、age: the greater efficiency that one nation may have over another in the production of a commodity.This was the basis for trade for Adam Smith. (23)技术性贸易壁垒 Technical barriers to trade TBT Unreasonable or unwarranted characteristics or specifications (such as the level of performance, packaging, qual
13、ity, or safety) that a product must meet before being allowed into a country. (24)Technological gap model The hypothesis that a portion of international trade is based on the introduction of new products or processes. (25)重叠需求理论overlapping demands: trade in manufactures is likely to be largest among countries with similar tastes and income levels. (26)经济一体化Economic integration: the commercial policy of discriminatively reducing or eliminating trade barriers only among the nations joining together. 经济增长
