15 Based on partial equilibrium analysis, if a small country imposes a specific import tariff, which of the following is true?
(A) The international price of the imported good falls.
(B) The domestic price of the imported good remains unchanged.
(C) The country’s terms of trade improves.
(D) The country’s consumer surplus decreases.

11 According to the covered interest parity, if interest rate in UK is 1%, interest rate in Japan is 3%, and spot exchange rate is 145 JPY/GBP, which of the following is the 1-year forward rate? (A) 142.2 JPY/GBP. (B) 150.8 JPY/GBP. (C) 140.8 JPY/GBP. (D) 147.9 JPY/GBP.

12 _________ is a legal agreement among many countries, whose purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas. (A) GATT (B) WHO (C) IMF (D) World Bank

13 The discovery of natural resources in a country leads to a surge in exports of those resources. This leads to a balance of payment surplus and an appreciation of the domestic currency under a floating exchange rate system, thus reducing the competitiveness of other export industries. This phenomenon is called _________. (A) Rational bubble (B) Tequila effect (C) Pass-through effect (D) Dutch disease

14 Which of the following statements regarding Exchange Rates Target Zone is not true? (A) It combines characteristics of both fixed and floating exchange rate systems. (B) The 1976 Jamaica Agreement is an example of such a system. (C) When the exchange rate deviates and exceeds the central parity, the premium of forward exchange rate becomes negative. (D) The monetary authorities still retain partial policy autonomy.

16 Which of the following is correct when a large country adopts an export subsidy policy? (A) Terms of trade improves. (B) Net social welfare increases. (C) Consumer surplus increases. (D) Producer surplus increases.

17 Which of the following is not an import protection policy? (A) Exemption of commodity tax on imported raw materials. (B) Import only by government-owned enterprises. (C) Restriction on import regions. (D) High tariff policy.

18 Based on the Balassa-Samuelson model, when the growth of productivity in the domestic tradable goods sector relative to the non-tradable goods sector exceeds that of the foreign tradable goods sector relative to its non-tradable goods sector, what phenomenon will this cause? (A) The real exchange rate appreciates. (B) The real exchange rate depreciates. (C) Inflation rises. (D) Inflation falls.

19 According to the intertemporal current account model, when the expected income increases permanently, how will the current account change? (A) Increase. (B) Decrease. (C) Unchanged. (D) Ambiguous.

20 Under imperfect competition, when production involves dynamic economies of scale or learning-by-doing effects, imposing a tariff on imports can make domestic firms expand their future exports. This is called _________. (A) Employment-protection argument (B) Strategic infant industry argument (C) New protectionism (D) Export-biased growth

【已刪除】1 甲公司於 X4 年 1 月 1 日買入一設備，成本$400,000，估計耐用年限 6 年，殘值$16,000，以直線 法提列折舊。X5 年 1 月 1 日進行定期維修費用$5,000，並添購新配件$60,000，本次添購配件預計 可增加設備每年 50%的生產力。若原設備耐用年限不變，但殘值提升至$21,000，則甲公司 X5 年 應認列之折舊費用為何？ (A)$62,500 (B)$63,000 (C)$75,000 (D)$76,000