新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"economics"exercise:Demand and supply song
學(xué)習(xí)是一個不斷積累的過程，每天學(xué)習(xí)一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
The diagram below shows the domestic demand and supply curves for a country that imports a commodity, where PW is its world price and PT is its domestic price after the imposition of a tariff.
The gain in government revenues arising from the imposition of the tariff is best described by area(s):
A、 L.
B、 J.
C、 K + M.
Questions 2:
An Australian firm purchases a patent for USD20,000 and machinery for USD21,500 from a US firm when the exchange rates are as follows:
The impact of these transactions on the capital account of Australia is closest to:
A 、 AUD19,225.
B 、AUD39,891.
C、 AUD20,667.
View answer resolution
【Answer to question 1】A
【analysis】
A is correct. With the imposition of the tariff, domestic supply will increase from Q1 to Q2, but domestic demand will fall from Q4 to Q3. The net amount imported will be Q3 – Q2. The change in government revenues is Area L, which is the rectangle (Q3 – Q2) × (PT – PW).
B is incorrect. It is the gain in producer surplus.
C is incorrect. It is deadweight loss.
【Answer to question 2】A
【analysis】
A is correct. The purchase of machinery is an import and affects the current account, not the capital account, so it is ignored. The purchase of a non-produced, non-financial asset such as a patent affects the capital account. The impact on the capital account in AUD is: USD20,000 × (1EUR/1.29USD) × (AUD1.24/1EUR) = 19,225AUD
C is incorrect. It includes the machinery purchase in the capital account instead of the patent. USD21,500 × (1EUR/1.29USD) × (AUD1.24/1EUR) = 20,667
B is incorrect. It includes both machinery and patent. USD41,500 × (1EUR/1.29USD) × (AUD1.24/1EUR) = 39,891AUD
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。
推薦閱讀
特許金融分析師限時免費資料
-
CFA報考指南
-
CFA考試大綱
-
CFA歷年
-
CFA學(xué)習(xí)計劃
-
CFA思維導(dǎo)圖
-
CFA備考建議
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號
