經濟 1997 年 DSE、CE、AL 選擇題（第 2 頁）

11.

A per unit tax imposed on cigarettes will tend to generate which of the following effects?

12.

If there is a poor harvest of rice in Thailand, the total expenditure on Thai rice in Hong Kong

13.

The price elasticity of demand for the Hung Hom Cross-Harbour Tunnel service would decrease if

14.

Suppose the MTR fares on short-distance journeys (X) and cross-harbour journeys (Y) are raised by 6.9% and 13.6% respectively. If the quantity demanded for X and Y falls by 8% and 3.5% respectively, which of the following is correct?

15.

Which of the following is NOT implied by the law of demand?

16.

The Diaoyu Islands (釣魚台) issue shows that

17.

Read the following advertisement

HOTEL ABC FREE BUFFET DINNER Buy two buffet dinners and get one free! (From Monday to Thursday) $200 for one person $400 for two persons plus a friend

The free buffet dinner is

18.

Which of the following is classified as land in economics?

19.

Which of the following has the least occupational mobility?

20.

The unit cost of production of garments and Discmans in Hong Kong and Japan are as follows:

	Garments	Discmans
Hong Kong	$200	$2 000
Japan	¥10 000	¥50 000

Which of the following are true?

(1)Hong Kong has a comparative advantage in producing garments.

(2)If the terms of trade are that 1 unit of Discmans can be exchanged for 7 units of garments, then trade is mutually beneficial to both economies.

(3)If the terms of trade are that 1 unit of Discmans can be exchanged for 9 units of garments, then the gain to Japan from exporting 1 unit of Discmans is 4 units garments.