CONTENTS

Paragraphs

CHAPTER 1 GROSS DOMESTIC PRODUCT

Growth of Gross Domestic Product

Changes in Raw Material Stocks

Growth of Gross Domestic Product and Domestic Exports

Components of the Gross Domestic Product

(a) Private Consumption Expenditure

(b) Expenditure on Plant, Machinery and Equipment (c) Government Expenditure

CHAPTER 2 · Overseas TRADE

Introduction

Terms of Trade.

Import and Export Price Changes

Imports of Raw Materials

(a) Import Prices

(b) Quantities Imported

(c) Changes in Supply Patterns.

Imports of Capital Goods .

Imports of Foodstuffs and Consumer Goods

Domestic Exports

(a) Recent Growth

(b) Commodities Exported.

(c) Principal Export Markets

(i) United States

(ii) United Kingdom.

(iii) Federal Republic of Germany

(iv) Japan

Re-exports.

1

2-3

4

5-6

7

8

9-10

11

12

13-14

15

16-18

19-20

21

22-24

25-26

27-29

30-33

34

35-36

37-38

CHAPTER 3- THE MONEY AND FOREIGN EXCHANge MarketS

The Money Supply

39

The Money Supply and the Gross Domestic Product.

40

The Money Supply and the Banking System

41

The Money Supply and the Ratio of Advances and Loans to Deposits

42

The Money Supply and Net Flows of Funds through the Foreign Exchange Market .

43-45

The Money Supply and the Stock Market.

46-49

The Money Supply and Interest Rates

50

Bank Liquidity.

Exchange Value of the Hong Kong Dollar.

External Value of the Hong Kong Dollar

51

52-54

55

iii

Page 90Page 91

Share This Page