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Question 1 /Soalan ]] Suppose that Country A and Country B have unit labour requirements for producing one tonne of steel and one tonne of
Question 1 /Soalan ]] Suppose that Country A and Country B have unit labour requirements for producing one tonne of steel and one tonne of oil shown in the following table: [Andaikan Negara A dan Negara B mempunyai keperluan unit burch untuk menghasilkan said ton keluli dan satu ton minyak yang difunjukkan dalam jadual berikut:" Unit labour requirements (Keperluan unit buruh] Country A Country B (Negara A] (Negara B] Steel 4 4 (Kelulj Oil 2 5 /Minwak (a) Determine which country has a comparative advantage in each good. /Tentukan negara mana yang mempunyal kelebthan perbandingan dalam setiap barang ] (5 Marks/ Markah) (b) If Country A and Country B each have 100 units of labour, calculate the maximum production of each good for both countries. lika Negara A dan Negara B masing-masing mempunyal 100 unit buruh, hisuing pengeluaran maksimum settap barang bagi kedua-dua negara. ] (10 Marks/ Markah) (c) In the absence of trade, Country Buses 20% of its total labour units to produce steel and the rest to produce oil. Country A uses 60% of its total labour units to produce steel and the rest to produce oil. Calculate how many tonnes of steel and oil can be produced by both countries. [Tampa perdagangan, Negara B menggunakan 20%% daripada fumlah unit buruhaya untuk menghasikan kelli dan selebihaya untuk mengeluarkan minyok. Negara A menggunakan 60%% daripada jumiah unit buruhaya untuk menghasikan keluli dan selebihaya untuk mengeluarkan minyak, hitungkan berapa tan keluli dan minyak boleh dihasilkan oleh kedua-dua negara. ] (10 Marks/ Markah) (d) Both countries agree that one tonne of steel can be exchanged for one tonne of oil. Calculate the gains after trade is allowed if Country A consumes 30 tonnes of oil domestically. /Kedua-dua negara bersetuju bahawa satu ran keluli boleh difukar dengan satu tan minpak. Kirakan keunfungan bersin selepas perdagangan dibenarkan jika Negara A menggunakan 30 fan minyak dalam Megara. (10 Marks/ Markah)Question 2 /Soalan 2] Draw a graph with the exchange rate (RM/$) on the Y-axis and the quantity of US dollars on the X-axis, and explain how a large increase in the number of Malaysian workers in the United States can influence the exchange rate under a flexible exchange rate system. /Lukiskan graf dengan kadar pertakaran (RM/S) pada paksi-Y dan kuantill dolar AS pada paksi-X. Berdasarkan graf tersebut, dan terangkan bagaimana peningkatan yang besar dalam bilangan pekerja Malaysia al Amerika Syarikat boleh mempengarichi kadar pertukaran di bawah sistem kadar perukaran yong terapung.} (15 Marks/ Markah)
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