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[Econ] [PP] MC 2000-Q50 1995-Q57 1999-Q45 2000-Q49

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[PP] MC 2000-Q50 1995-Q57 1999-Q45 2000-Q49

Which of the following is included in the current account of Hong Kong' s balance of payments?

C. A mainland resident gets a remittance from his relatives in Hong Kong.

D. A university in the mainland receives teaching equipment denated by a university in Hong Kong.

究竟係C定D呢? C同D都好似係current transfer...

新加下面三題

1995-Q57, 究竟係點樣睇個GDP升左7%?

1999-Q45, 個Supply curve點解係A.咁?

2000-Q49, 佢話decrease the quota, 即係個supply curve kink得冇咁勁?

[ 本帖最後由 aesops0124 於 2010-4-7 12:41 PM 編輯 ]
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2012 A-LEVEL
不成功, 便死得!

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題目無話過VISIBLE TRADE 有DEFICIT....
假設本身VISIBLE TRADE 係100000000000
少左7
都係SURPLUS



唔係EXCLUDED 咩?

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引用:
原帖由 tttpolo 於 2010-4-7 01:09 AM 發表
題目無話過VISIBLE TRADE 有DEFICIT....
假設本身VISIBLE TRADE 係100000000000
少左7
都係SURPLUS



唔係EXCLUDED 咩?
明白哂...
咩excluded?
2012 A-LEVEL
不成功, 便死得!

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Q.50 - The reason why A is wrong: The question hasn't provided you with the information thatthe visible trade balance in Year 1 was suffering from deficit, so it might be in surplus in Year 1, but a decrease in surplus in Year 2.

C is correct: The question has provided you with information that in Year 1, the balance of payments was suffering from deficit, so deficit increase in Year 2.

For the other question, is it C?

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引用:
原帖由 ce2010cand 於 2010-4-7 01:17 AM 發表
Q.50 - The reason why A is wrong: The question hasn't provided you with the information thatthe visible trade balance in Year 1 was suffering from deficit, so it might be in surplus in Year 1, bu ...
I don' t know the answer because it is not a question in past papaer but in my text book.
Can you tell me why you choose C instead of D?
2012 A-LEVEL
不成功, 便死得!

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新加左3題, 幫幫手解答! 唔該!
2012 A-LEVEL
不成功, 便死得!

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條 textbook question, 我選 C 因為 remittance = money transfered to settle obligations, i.e. these money are not used for production. 但是﹐ D 的話﹐送 teaching equipment 比另外一間大學﹐那間大學將 teaching equipment 用作 capital goods 去教學生﹐i.e it is used for production, so it is not counted as current transfers.

Current transfers = items that involve no return and/or affect production, e.g. donations (exception of the textbook case), remittances (when you see this word in the question, it normally is the answer), gifts, etc.

For Q.57,
net export of services can be seen to account for more than 7% in the chart by considering the invisible trade balance only. As the line is close to 10% over the years, you can come to the above conclusion.

For Q.45,
the use of import quota has decreased to decrease in demand (because of keen competition). So, originally, the import quota was effective. However, due to decrease in demand, the quota is no more fully used, so quota becomes ineffective, i.e. quantity transacted is lower than than quota quantity.

For Q.49,
by the decrease in quota, it means a change as follows:



The quota quantity decreases, i.e. supply curve shifts rightwards.

Hope the above helps.

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我反而想知95 57 option d 點解都係岩

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引用:
原帖由 ce2010cand 於 2010-4-7 01:10 PM 發表
條 textbook question, 我選 C 因為 remittance = money transfered to settle obligations, i.e. these money are not used for production. 但是﹐ D 的話﹐送 teaching equipment 比另外一間大學﹐那間大學將 ...
真係唔該哂!!!好詳細啊!!!
我都係唔知點解GDP升左7%...
2012 A-LEVEL
不成功, 便死得!

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回覆 #9 aesops0124 的帖子

"Accounted for" 唔係指升與跌﹐而係指佔左幾多。個 option 係講 "Over the years, net exports of services 佔左 GDP 超過 7%" 而個 chart 唔係講 "% Growth in GDP" 而係 "Trade balance as % of GDP"﹐i.e. 各種 trade balances 所佔 GDP 百分比。

And you're welcome.

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