BEET2013 SULIT/CONFIDENTIAL UUM Universiti Utara Malaysia UNIVERSITI UTARA MALAYSIA PEPERIKSAAN AKHIR SEMESTER KEDUA SESI 2015/2016 \ FINAL EXAMINATION SECOND SEMESTER 2015/2016 SESSION KOD/NAMA KURSUS_: BEET2013 EKONOMI ANTARABANGSA, COURSE CODE/NAME BEET2013 INTERNATIONAL ECONOMICS TARIKHIDATE rr 11 JUN 2016 MASA/TIME 2.30-5.00 PM (2 % JAM/HOURS) TEMPAT/VENUE DSB K. TM ARAHANIINSTRUCTIONS: 1. Kerlas soalan ini mengandungi TUJUH (7) soalan dalam LIMA (5) halaman bercetak tidak termesuk kulit hadapan dan lampiran, This examination paper contains SEVENTH (7) Questions in FIVE (8) printed pages ‘excluding the cover page and appendices. 2. Calon dikehendaki menjawab SEMUA soalan di dalam buku jawapan / lembaran jawapan Jborang OMR yang disediakan Candidates are required to answer ALL questions in the answer booklet/answer sheets / OMR form provided. 3. Calon TIDAK DIBENARKAN membawa keluar kertas soalan dan buku jawapan dari dewan peneriksaan Candidates are NOT ALLOWED to take both examination question and the answer booklet out of the examination ha. 4, Calon adelah tertakluk di bawah TATACARA PERATURAN KECURANGAN AKADEMIK UUM. Candidates are bound by the UUM's RULES AND PROCEDURES ON ACADEMIC FRAUD. NO. MATRIK: [ ] MATRIC NO.: (dengan perkataantin words) (dengan angkalin numbers) NO. KAD PENGENALAN = IDENTIFICATION CARD NO.: a | | | NAMA PENSYARAHILECTURER’S NAME: KUMPULANIGROUP: ea NOMEOR MEJA/TABLE NO.: | JANGAN BUKA KERTAS SOALAN INI SEHINGGA DIBERI ARAHAN DO NOT OPEN THIS EXAMINATION PAPER UNTIL INSTRUCTED[BEET2013 EKONOMI ANTARABANGSA / INTERNATIONAL ECONOMICS NO. MATRIK(MATRIC NO. SOALAN SATU / QUESTION ONE (10 MARKAH/MARKS) Satu sifat negara membangun adalah export negara tersebut tertumpu kepada satu atau beberapa produk primier. Bagaimanapun harga produk premier tidak stabil. Terangkan DUA (2) polisi atau perjanjian yang mempromosi kestabilan pasaran komoditi, One characteristic of many developing nations is that their exports are concentrated in only one of a few primary products. However, the price of primary products is unstable. Explains TWO (2) policies or agreement that promote stability in commodity markets. (10 markah/marks) SOALAN DUA / QUESTION TWO (16 MARKAH | MARKS) Jadual 1 menunjukkan jadual penawaran dan permintaan kereta bagi Malaysia, sebuah negara kecil dalam pasaran kereta antarabangsa, Table 1 depicts the supply and demand schedules of cars for Malaysia, a small nation in the international car market. Jadual 1, Penawaran dan Permintaan Kereta bagi Malaysia Table J. Supply and Demand for Cars in Malaysia Harga(RM) Kuantiti Penawaran ‘Kuantiti Permintaan Price (RM) Quantity Supplied Quantitiy Demanded d 0 1,800 10,000 200 1,600 20,000 400 1,400 30,000, 600. 1,200 40,000 800 1,000 c 50,000 1,000 800 60,000 I 1,200 600) 70,000 1,400 400 80,000 1,600 260 90,000 1,800 0‘BEET2013 EKONOMI ANTARABANGSA / INTERNATIONAL ECONOMICS NO. MATRIKIMATRIC NO. a) Andaikan Jepun dan Thailand boleh menawarkan Kereta kepada Malaysia pada masing- masing pada harga RM 20,000 dan RM 30,000. Dengan perdagangan bebas, negara manakah akan expott ke Malaysia. Assume that Japan and Thailand can supply cars to Malaysia at a price of RM 20,000 and RM 30,000, respectively. With free trade, which nation exports cars to Malaysia. (2 markab/marks) b) Andaikan Malaysia mengenakan tarif tidak diskriminasi sebanyak 100 peratus ke atas Kereta import. Berapakah jumlah kereta yang akan dikeluarkan dan diimport oleh Malaysia, Suppose Malaysia levies a 100 percent nondiscriminatory tariff on its car imports. How many cars will Malaysia produce and import? (4 markah/marks) ©) Andaikan Malaysia membentuk kesatuan kastam dengan Thailand. Tentukan kesan ciptaan dagangan dan kesan herotan dagangan daripada kesatuan kastam ini Suppose Malaysia forms a customs union with Thailand. Determine the trade-creation effect and the trade-diversion effect of the customs union. (6 markah/marks) 4) Berdasarkan maklumat di Jadual 1 dan andaian-andaian di soalan (a), (b) dan (c), lakarkan rajah yang sesuai untuk menunjukkan kesan ciptaan dan herotan dagangan, Based on the information in Table 1 and the assumptions in question (a), (b) and (¢), draw a graph to show the trade creation and diversion effects. (4 markah/marks) SOALAN TIGA / QUESTION THREE (10 MARKAH / MARKS) a) Apakah maksud akaun semasa defisit? What does a current account deficit mean? (2 markah/marks) b) Berikan definisi bagi konsep-konsep di dalam imbangan pembayaran berikut: Give the definition of the following concepts in the balance of payments ) Pindahan Unilateral transfer (2markabh/marks)[BEET2013 EKONOMI ANTARABANGSA / INTERNATIONAL ECONOMICS NO. MATRIK/MATRIC NO. ii) Akaun modal Capital account (2 markahimarks) ©) Andaikan sesebuah negara mengalami akaun semasa defisit. Adakah ini akan membawa masalah? ‘Suppose a country experiencing a current account deficit. Will this lead to problems? (4 markab/marks) SOALAN EMPAT / QUESTION FOUR (10 MARKAMI / MARKS) Pada 17 April 2016, Bank Negara Malaysia mempamerkan di laman sesawangnya bahawa kadar tukaran bagi Ringgit Malaysia (MYR) dengan beberapa matawang Iuar negara adalah seperti berikut: On 17 April 2016, Bank Negara Malaysia showcased on its website that the exchange rate for the Malaysian Ringgit (MYR) with some foreign currency is as follows: Unit Matawang asing Kod Foreign Currency Units Code xe 1 Australian Dollar AUD 308 100 Cambodian Riel KAR 0.08 | 100 Japanese Yen | JPY. 3.00 L 1US. Dollar | UsD 3.24 100 Thai Baht THB 10.00 ) Berapakah Ringgit Malaysia yang diperlukan oleh pengimport di Malaysia untuk membayar jumlah import yang bernilai JPY 500,000. How much Ringgit Malaysia needed by importers in Malaysia to pay the total imports worth JPY 500,000. (2 markah/marks)‘BEET2013 EKONOMI ANTARABANGSA/ INTERNATIONAL ECONOMICS NO. MATRIKMATRICNO, ) Katakan kadar tukaran pada 5 April 2016, antara MYR dan THB adalah 1 MYR bersamaan 95 THB. Apakah yang berlaku kepada MYR. Suppose the exchange rate on 5 April 2016, between MYR and THB is 1 MYR 95 THB. What happens to MYR. (2 markah/marks) ©) Katakan kadar tukaran hadapan tiga-bulan pada 17 April 2016 adalah 100 JPY bersamaan 2.00 MYR. Bagaimana pengimport Jepun yang mengimport gas asli bernilai RM 1,000,000 pada tempoh masa tiga bulan boleh melindungi resiko tukaran asing Suppose the exchange rate of the three-months forward on 17 April 2016 was 100 JPY equivalent of 2.00 MYR. How Japanese importers who imported natural gas worth RM 1,000,000 in the last three months can protect against foreign exchange risk: @ markah/marks) ¢) Katakan kadar tukaran 1 AUD bersamaan 2 USD. Andaiken seorang pengarbitraj (arbitrager) mempunyai RM 300,000, Bagaimana pengarbitraj ini membuat keuntungan dengan arbitraj segitiga (triangular arbitrage), Suppose the exchange rate 1 AUD equivalent of 2 USD. Assume that an arbitrager have RM 300,000. How this arbitrager make a profit with the triangular arbitrage. (3 markah/marks) SOALAN LIMA / QUESTION FIVE (20 MARKAH / MARKS) a) Dengan menggunakan rajah, bincangkan bagaimana kadar pertukaran mata wang asing ditentukan, By using a graph, discuss how foreign exchange rate is determined? (10 markah/marks) b) Bincangkan DUA (2) kebaikan dan DUA (2) keburukan apabila berlakunya susutnilai satu matawang berbanding matawang lain. Discuss TWO (2) advantages and TWO (2) disadvantages when a nation’s curency depreciates (10 markah/marks)[BEET2013 EKONOM! ANTARABANGSA / INTERNATIONAL ECONOMICS NO. MATRIK/MATRIC NO. SOALAN ENAM / QUESTION SIX (20 MARKAH / MARKS) a) Bincangkan TIGA (3) faktor fundamental pasaran yang menyebabkan keluk penawaran dan permintaan matawang beralih Discuss THREE (3) market fundamental factors that cause the supply and demand schedules of currencies to change. (10 markah/marks) b) Apakah maksud “overshooting” kadar pertukaran? Kenapa ia berlaku?. Lakarkan rajah yang sesuai untuk menunjukkan “overshooting” kadar pertukeran, What is meant by exchange rate overshooting? Why does it occur?. Draw a diagram to show the exchange rate overshooting. (10 markah/marks) SOALAN TUJUH / QUESTION SEVEN (14 MARKAH / MARKS) a) Apakah DUA (2) kaedah yang boleh digunakan oleh peramal untuk membuat jangkaan mengenaj _perubahan dalam kadar pertukaran pada masa hadapan What TWO (2) methods do currency forecasters used to predict future changes in exchange rates? (8 markah/marks) ») Berikan DUA (2) kelebihan menggunaken sistem kadar pertukaran tetap? Explain TWO (2) advantages of using the fixed exchange-rate system? (6 markah/marks) SOALAN TAMAT END OF QUESTIONS