CHAPTER 10: OPEN ECONOMY: BASIC CONCEPT AND THE MACROECONOMY THEORY Question 1 How would the following transactions affect Malaysian exports, imports and net exports? a) A Malaysian professor spends the summer touring museums I Europe. b) Students in Kuala Lumpur flock to see the latest movie Group 2, 5 & 8 from Hollywood, U.S.A. c) Your uncle buys a new Toyota. d) The students bookstore at National University of Singapore sells Royal Selangor Pewter. e) A Thai citizen shops at a store in Kota Bharu. Question 2 Would each of the following transactions be included in net exports or net capital outflow? Be sure to say whether it would represent an İncrease or a decrease in that variable. Group 3, 6 & 9 a) A Malaysian buys a Sony TV. b) A Malaysian buys a share of Sony stock. c) The Japan pension fund buys a bond from the Malaysian Treasury. d) A Japanese buys some durians from a Malaysian farmer. Question 8 Would each of the following groups be happy or unhappy if ringgit appreciated? Explain. a) Hong Kong pension funds holding Malaysian government bonds. Group 1, 4 & 7 b) Malaysian manufacturing industries. c) Australian tourists planning a trip to Malaysia. d) A Malaysian firm trying to purchase property overseas.

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I want to get the answers of question 2 A and b by steps tq

CHAPTER 10: OPEN ECONOMY: BASIC CONCEPT AND THE MACROECONOMY THEORY
Question 1
How would the following transactions affect Malaysian exports,
imports and net exports?
a) A Malaysian professor spends the summer touring
museums I Europe.
b) Students in Kuala Lumpur flock to see the latest movie
Group 2, 5 & 8
from Hollywood, U.S.A.
c) Your uncle buys a new Toyota.
d) The students bookstore at National University of
Singapore sells Royal Selangor Pewter.
A Thai citizen shops at a store in Kota Bharu.
e)
Question 2
Would each of the following transactions be included in net exports
or net capital outflow? Be sure to say whether it would represent an
İncrease or a decrease in that variable.
Group 3, 6 & 9
a) A Malaysian buys a Sony TV.
b) A Malaysian buys a share of Sony stock.
c) The Japan pension fund buys a bond from the Malaysian
Treasury.
d) A Japanese buys some durians from a Malaysian farmer.
Question 8
Would each of the following groups be happy or unhappy if ringgit
appreciated? Explain.
a) Hong Kong pension funds holding Malaysian government bonds.
Group 1, 4 & 7
b) Malaysian manufacturing industries.
c) Australian tourists planning a trip to Malaysia.
d) A Malaysian firm trying to purchase property overseas.
Transcribed Image Text:CHAPTER 10: OPEN ECONOMY: BASIC CONCEPT AND THE MACROECONOMY THEORY Question 1 How would the following transactions affect Malaysian exports, imports and net exports? a) A Malaysian professor spends the summer touring museums I Europe. b) Students in Kuala Lumpur flock to see the latest movie Group 2, 5 & 8 from Hollywood, U.S.A. c) Your uncle buys a new Toyota. d) The students bookstore at National University of Singapore sells Royal Selangor Pewter. A Thai citizen shops at a store in Kota Bharu. e) Question 2 Would each of the following transactions be included in net exports or net capital outflow? Be sure to say whether it would represent an İncrease or a decrease in that variable. Group 3, 6 & 9 a) A Malaysian buys a Sony TV. b) A Malaysian buys a share of Sony stock. c) The Japan pension fund buys a bond from the Malaysian Treasury. d) A Japanese buys some durians from a Malaysian farmer. Question 8 Would each of the following groups be happy or unhappy if ringgit appreciated? Explain. a) Hong Kong pension funds holding Malaysian government bonds. Group 1, 4 & 7 b) Malaysian manufacturing industries. c) Australian tourists planning a trip to Malaysia. d) A Malaysian firm trying to purchase property overseas.
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