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P P P P: Machines Cloth Machines Cloth

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1.

2.

3.
a)

( Pcloth / Pmachines)
( Pcloth / Pmachines)

b)

c)

d)

4.

5.

-
consumption gain fromtraade will
"
"
'
anmtarlay freefrade change 3 ,
( 23 N 0 This is the case of frade with a
right angle
-

PPF .
The

:
.

different commodity
… stil be realiced Because trade has eaposed the country of relative prices
to a
set
d

… : snathed
“ ?
b
… …

a - -


!

” Cte btc k e
not to have a balance payment deficit . A balameof payment defivit ocurs when
-

13 ) It ' s in order of
welfare dfbtctdee atbto d e

thay TMis meaas that importing


-

country is importing more goods and


-

qd qa q
{
a serrices than
are
eaporting .

for
producersgain country is payiong more
other countries andthues they wotit be
raving chough soney
for eaported good 0 but , to ,

an onsumer l 多 s
,

decrease in welfare :
-

( dte ) developiing their own


oustry .

free trade
7
Yes , the
comntoy should frade It should eaport cloth because it has ompdrative advantage ,

ekported under
.

2 Good 1 is assumed to be
velatively higher price the
,

sel 1 cloth
on
its
undertrade and producers will have a profit iscentive to at
become more expensire
good 1
will permit larger

world marlcet The will


gain from
trade be sause its trading 1 ine
→ real wf and real od .

counfry
italiss loss allows for the
exported
are
but cloth
-

3 worlcers gain cap


consumption bundles than are pobsible in
autarloy ,
since the

purchase of relatively cheaper Mechimesthan autardy As long world pricds differ from


in
as
.

trade
autarlay the country can
moveto
higher IC
by participating
.

" prices

i sihideig
鑌 ,


" "

"
q
, 所以外國公司選擇⽣產 ;

5 如果本國公司⽣產 外國公司⽣產或不⽣產外利潤為 20 和 0

外國公司⽣產或不⽣產的利潤分別為 140 , 外國公司同樣擇⽣產


,
.
.
,

OP { Gz + bz + ctd 170
如果本國公司不⽣產 ,
和 C

本國選擇不⽣產
=

若外國公司⽣產 本國⽣產或不⽣產的利潤分別為⼀ O 和 O ?
welfave bb d )
,
O = -
( + 2 + a < 0 ,

下有 DWl 產⽣ 3
restriot frade is
mot betfer
若外國公司不⽣產 本國⽣產或不⽣產的利潤為 ,
100 和 0 , 本國選擇⽣產
than free trade
6.

7.
0
0
0
0
8. -

-
-


10 %
)P

Wc = Pc .

MPL , C
→ 管 = MPc

=(

(
a . 区 [ ,

"

∵ MPc .
( unchanged

1箭) ↑ 10 %

b
↑ 10 % → Qc ↑ Lc ↑

∴ MR . c ↓ → ( ) ↓

∴ ( ) ↑ε 10 % 。

c . Lc ↑ 3 w ↑

Pc ↑ 10 %
w ↑↑ 10 % → ()↑
310 % 。
∴↑

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