1985-03-14 — Page 30

日四十月三年五八九一曆公年四十七國民華中 育教武經

僑

英石油公司

純利有進步。

:英國石油公司公希

外商品有效需求減弱, .造則温坻加,部分行五

需求減弱預期降價心理影响 下跌之势,而成品庫存一里,減產達百分之二十,短交貨期。

.跌一成,存貨量較去年十三巴仙。 來,國內廠商銷售率至下跳,但庫存壓力仍沉 交,以減少環節,繼 懼心理的影啊 - 近败月】業也受波及,售價節節見面,產地包裝,工廠 加以國內汾費者預期降銷世。此外,汽車輪胎 口;客戶可和工廠直接

銷售率下跌庫存量激增 :〔台北訊】由於國」低百分之十,預期降戲一網聯合公司組織的出口 部份廠商資金積壓嚴重 心理更將影响國產車的源,由省自城出 去年第四季至今年元月,製造業年增率平均

元,較八三年的二十五 三十四億五千五百萬美

戰派克達三十美仙,較 去年的二十四美仙、

可在每務最後 商業部分析員表示:美 .億九千三百萬美元。

:該公司稅前收益是

一底二十笺仙,今年

每股四十七出五突。 | 八億六千六百萬+ 即 權益處山。前年純利是 純利總額並未減去特别 股七十六點八士,但 四僚零二千萬鎊,或

·概益後的純利,坍至十 ,去年除去稅項及少数

業資金褙壓情形較以往

·月底以來,月產量平均

: 臧統計,去年第四

的萧景年将李平均失了

數則較去年壇加了 百分之十,而存盘指加了七萬台。 季至今年元月,製造業工廠甚至停工減產,但

“百貨業方面,由於

壓|脹|對下

,“存量仍较去年同期枏對通 葉與持續折扣戰,加以

減少四至五萬台,部分下跌能 * 電視機方面,十三 美元可 元下跌對於通股只產生有限

脹的

力的通|跌|

估高被能可

入而個元的

-之十至百分之十五,對於入

司,而言,在美元上升與調整的。 他說美元頌著下跌百分。 入口價之間存有極大差距 0

一的魔力可能被高估。近年羨 價中渡過,對於大部份貨品 元上升並非全部在較低人口

-他說美元下跌坦加收服

·經濟部官體表示,業界對關稅降低的配合

去年底,吐梦各界對電措施反應欠佳,即在年 壓力

未立即反映,致使消費 口灣幸降低,企業界號 年初,又有多項商品進

十一’ 去年同期減少百分之三中,因灾元上升而引致的赤字佔三百億美元。 上月各工業國發債券

祝機及汽、機車的厚 關消費旺季-百貨公司

,有一連串的檢討;令營業額仍普遍下降,敕去年的一千二百三十三億的夢

偽收游 |費,使部分產銷情况外,部分產品如終端機 「者預期降價心理適濃,述各項,是受國內消費 調至購買行爲,廷江府一者觀望影响較大者,此 經濟浓官員說,上

集資一七四億美元

下降四十六億美元

四期星

億七千一百萬美元,一 發從中國家進入六

遠百分之二十五,但成很合理化。但從不難的 少約四千輛,減產度 成降價壓力,有助於物 小資金擠壓的踩嚴重。」資、維實驗,且頭在該組能成員二月份在战 | 木庫存仍岭加了三千輛方面看,會抑制廠商|家組成的集團聲明稱,「項。.

·绍濤館,月銷售低減百緩的影响,存大地,一市場,同時,自一九七一 汽車,近兩、三月來連料等,也受國外需求減終,維維支配國際資本 均碓度較生產正常時減,調節購買行氐;可以渺出的銀團貸狀基酸少的一千萬美元。在此段期間 分之三十左右,每月平 專家指出,將曹者七年以來,最近答允借 月份,則指入十七億四 較爲嚴重的產業,例如影機、電話機、化學肥、要工業國家,上月發行谱 别各借入超過十億美元 他指出,身前情况一等電子產品,以及織作及發展組織指出,主」日本、法國、意大利分

·...、電子計算苻、電子嫽((巴黎)經濟合一,借入四十九億美元,

·這個由二十四個園,並無東歐國家借入獄

WAH KIU YAT PO:

報日僑華

勢强持維元美

車工業發展方案,預訂一構較差的企業,往往有 由於政府熠通過積壓資金太多,財務結

明伻汽車進口關稅要降: 週轉不顯的危機。

備局主席獲加說, 蛸四日聯盛

之八十二,所有借歇國將八四年十一月底首期 實,一月份形设百分,三十九億三千萬美元, ・〔特訊〕十四億五千萬美元,較年一月一百三十三第一 千萬美元,但校八四年 一月份下跌四十六億六千萬美元爲高。 籌集總資金額位一百 增加五億美元,亦较令

森取得百分之八十九的 行個穿集資,達到一百 該組被稱,向外發

末代年本達將

降再可將脹通年今 小處害稅口入油石

斩的中期跟團佇欸

說,收支赤字将进

·步下降。但他籍告

, 最大借歇園是美術

绿小害棍的方法之一

微收石油進口稅, 是國會增加收入的一

此外他表示:

今年通股可能進一月增加三十七億美元湛於最低水平,欸額正

星洲經濟走向下坡

部份產業遭受重挫

|得三十五帝二千萬美元

- 〔新加坡電)新加┐合拓邊住宅物業部門,

一他強調只有在一道說:新加坡經濟在校士爲住宅物業代理主任

一切削減經費勢力失敗後才考石油稅。

·張女士在加盟商德

家

其强势至末年代末5.「比值。 芝加哥四日電:芝加哥第一國民誤行經濟學 家穆詡說 - 美元會維持|投資下降,均刺激美元,且已有若干產業感受

測計師行前,曾服務於

|

本港一地產發脫機構,

比央行行長,

師臨深表關注,但無能 協力。美元强的乃美國 基本利率將會從目前的 「做預測,英國結算銀行

對高企之故。他說:資 金流入,加上美元海外,至九厘。

「至十匣,到八六年底,

阿清風大;美元種楣十四厘,到八五年底降 由及電子業爲受到最嚴

「產業有一年時間,此前

: 莫女士加入本港地

一於數月來,住宅物業交

髙德測計師行合夥

浙江省絲綢行業

要試行改革方案

-頁二第張八第日三十月正年乙夏

餘貨准許自行出口

步續此:中建

營管理研制下放 年春繭開始,登藹的經,購鉬。. 企業將全部下放。從令意酶,可以自由上市,

• 方案規定在铳一對

書現在卻屬絲無生產,合同。收限合同以外的委任要員 關於全省絲搬行米經濟】,各蠶繭經營單位可直一何不窭常之處。 她制改革的就行方案。接向减發協商簽訂收攤|高德測計師行 江省有關當局發近下遠,再向题殿下遠派與任務|常態,我並不認爲這有一 强絲瓣企業的活力,浙一五年春繭開始,國家不再調整乃是市场發展的 方案規定,一九八

他說:某種程度的

其住宅物業部,以應斯

SERIAA MBAMİİ

經濟刊

倘有

七張1

高德測計師行爲配

嘉興、精銅、紹興、軍的原助下,學 德失業人數 塑優質

憲二月份的失

業人校术經手。

均由市公司統一經營。

理;其它地、縣由省絲:工廠在完成省林 自負盈虧。生產內外銷,生產出口總綑條件的工 公司曾行獨立核算、找口岸代理出口;县湖 按,下放給有關部門燕一餘货源可委托省絲綢聯| 總公司與地、縣協商街合公司出口合同後,多 .波各市絲綢公司經營性【管理寶行以下幾種方式| 營管理。現有各市〔分合公司代理出口,或萬人,低於二月份的二百六十二萬人。 耦椴的餓鋸用白廠絲! 廠,經上級主咎部門批 「准,可自薺出口,省統

上月轉微減 缩性因素調整

第二百六十一

二萬人,劳工部食貴人指出,上月未經調整的失 減少八千一百三十九人。 去年二月經季節性調整的失業人數爲二百科 失業冢由一月的百分之十點六降至十點五。

1985

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HISTORY (25)

VIOLA WONG YUK-YUR

MILL & DALE PRESS LTD.

Describe the factors for

the rise of Japans se militarism in the 1930s.

Meaning of militarism J. the government

controlled by military

hen

2. spread of militaristic. ideas in government and society.

3. the government using.

an aggressiva foreign policy

active military preparedness and

buildap at home:

Factors for the rise ́or militari

the military

a. Because modernization started as defence against foreign: Âmporámlásm, military men had always enjoyad a high social and political position.

b. From about 1910 to 1945, military men established many "reservist

associations" in Japan. They absorbed many of the Japanese people who were military reserve

conscription). These associations influenced many Japanese people. Before, 1868 (the

Meiji Restoration): military men( the samurai) enjoyed. high social and political position. Thus militarian had -long tradition, d. Military leaders

enjoyed their rights in the government since the Meiji period. These rights included the following:

the right to direct access to the

Emperor - This means

that military.

loaders.could

bypass the civil

government and

approach the Emperor. for approval of a policy..

the regulation that

military posts in

the cabinet (civil: government) must be

1985

served by generals

and admirala

active duty, This

gave the military

the power to prevent

the formation of a

cabinet by not

allowing ita members to serve in the cabinet.

2. Struggle for leader-

ship between military and civil leaders.

a.

From 1868 to 1912,

power was concentrated in the Meiji. Emperor. The Meiji statesmen (like Ito) were both civil and military leadera, From the 1920eon, however, the Emperor could not control government policies effectively, and most of the Meiji statesmen had died avay. Thus military. men and civil men

struggled for power. b. In times of bad·

international relations (Buchiaa in the 1930s), people. felt that military men should run the country so as to protect Japan's national. interests more efficiently.

3. Failure of democratic

experimentation -

a. Japan experimented

with democratic rule

from 1918 to 1931. The period was called the period of party role。 But (3) modernization did not bring about deep-rooted changes: to traditional militarism, and democracy was difficult to take root (ii) conservative and authoritarian forces made it difficult for democracy to work. Thus, democracy. Iailed in the 19308.

4. Social conservatina – a. Modernization had been

limited to the political and economie levela during Meiji times. Institutions were reformed, but the people's thoughts had not been changed: greatly. Social conservatism was still very strang.

The contributions of

social conservatiu to the nianof.

militaris were as Tallova

il many military men

came from the' conservative

countryside

«party-rule and

western-style

democracy were

limited to city

areee: only。

International

developments making it

possible for the rise

(a)/AOB 2/ACH

-30°

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數

(六)

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MATHEMATICS (26)

H.K. LO

MILL & DALE PRESS LTD.

Suggested Solutions to

Test Nine

of militariam

Japanese people felt"

that they were

discriminated against

by western powers. For example, during the Washington Conference (1921-22), Japan vas given an inferior ratio of naval : disarmament,

b. Military men made use of this feeling to arouse patriotic emotion. Party men were condemned aa people who betrayed the country. Popular support for the military became more and more powerful.

6. The failure of

peaceful economic expansion in the 19208-

to

a. This policy, which

party governmenta upheld, failed protect Japan'st interests.

b. More and more Japanese people thought that only military men could best safeguard Japan's interests. 7.Exampleaf.

dietaborskips in Europe -

Such examples were the rise of Fascism. in Italy and of Naziem in Germany

b. Japanese people

thought that they could make their country strong by following auch. examples。

The Great Depression (1929-1930) - Because of the Depression, many Japanese people were unemployed. Prices rose and fell sharply. Many people suffered financially

b. People believed that:

party government would never give thes a good livelihood. They felt that Western capitalism ‘and

democracy were a failure. Thus they welcomed militarism,

9. The threat of

communiamw

Soviet Russia waa communist country.

Many Japanese welcomed militarism for defence against communism.

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ECONOMICS (25)

K.K. WONG & L.T. CHAN

MILL & DALE. PRESS LTD.

*

(2)(2k)-3k

(AB)

What would be the

possible economic

consequences, if

(1)The salaries tax in

Hong Kong were to be

··raised by 2%! (2)Hong Kong, were to

impose a tariff on all imports? If the Hong Kong Government were to raise the salaries tax the economie consequences could be summarized as follow: The incomem of al.1. households would decrease owing to the higher tax payments. As a result, the disposable income in family will be

reduced, leading to lower purchasing power: of the family. This i画 especially true for

the lower-income group In Hong Kong. If 2% of salaries tax rate were to be raised, most of the families will be affected.

2. Since the decrease of disponsable income of each family. will leasen the consumption power, the aggregate demand for the commodities in the whole economy, would decrease. To this case, the rest income of each household would have been diminished..

3. Consumers will tead o

bay more necessary. good rather than luxury goods because their disposable incomes diminish when tax increase.

General price level in the economy may be affected. It may dacrease or start to decrease through the working of market mechanism íîn local laissez-faire economy. The working incentives of labour would be discourage as their earnings are closely related to their taxes. Workers may decline to work hard or to work overtime as leisure becomes more attrative to them.

6. Workers of lower-

income group may have. to work more so as to offset their losses due to increase of salaries tax. Although they would work more s the productive

efficiency would not be improved because their work incentives

would have been

discouraged game

7. The ability of savings in whole economy would

be reduced because of

higher taxration. As the real income of the household

a family

decreases,

=81

will save

up less

money than before, In the economy, fixed deposits would deminish and its decrease will be more than the decrease of demand deposita. Accordingly, the creation of bank credit would be hindered owing to reduction of savings. The amount of investment in a family. would decrease, leading to the reduction of aggregate inventment level of. the whole economy. Consequently, capital accumulation may be impeded.

The distribution of income in the society would be more even because those higherm income group would have to pay greater amount of tax thàn before. On the other hand, the increase of taxation will lead to greater, government revenue. This amount of money can be spent on various social services and it will benefit the society and redistribute income .

If the Hong Kong Government were to impose tariff to all Imports, the possible economic consequences could be summarized as follows:

̇as. Hong Kong: is, lack of raw materials and natural resources, domestic production depend. largely on imported raw materials andreaources. Importers would certainly raise up the prices of those imported goods in order to offset the losses in tariffs. As

a result, the coat of production will be raised in local manufacturing Industries,

The increase of

production coat will affect the produc-.

tivity and the overall output:Level. Hong. Kong has long been

export-oriented and it is likely that Hong Kong is going tó diversify the foreign marketa by the way of

exporting products of light industries and heavy industries. The imposition of tariff will hinder local industrial diversification and the discouragement of local exports will affact the economy of Hong Kong

Although Hong Kong is

(Ana.)

the equation

4. Let the equation be

x2+px+q=0

(Ans.

5(3k)+3(5k) k

(x+2P)+(B+2

b30

(Ans.)

(b)Area of the shaded

sector AUB

(()()

300

2. Let k

y=3k

z-5k

3(2k)+2(3k

3*+2_q=3x+1_3*~1_810 3*-1[33_2.32+1]-810

3*-1[10]-810 :

3-13

号

(L+28) (8+2L)

m2 (++月)2

2 (12) 2

BC AB-3.5 cm

快

22

COBO-RC

-25-(3.5)2

now suffering from. world

protectionism especially from the restriction of taxtiles exports by European Economic Community, the development of local economy still mainly depends on foreign trade. If the foreign trading companions". take revenge on Hong Kong more tariff would', be imposed to Hong Kong exports, This will put Hong Kong into a disadventage position when compared with other trading competitiora, The Imposition of tariff Will encourage the

excercising force of protectionista..

Because of the rise of production cost, an overall rises in rent wages and other cost of production vill be caused. It is not easy for those amall labour intensive industrial units to operate. They may shut down because. they are unable bear the losses; Meanwhile unemployment problem would happen...

5. The rise of production

cost will lead to the rise of the prices of domestic products, in. this case, the general. price level of local: product will be bid up,

6. As prices of imported

foreign.good

increase the prices of local goods and services will be atimulated, Consequently, and -inflation problem will

happen.

Local government

revenue vill increase

A ahort run.

in

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ADDITIONAL MATHEMATICS (25)

S.P.KO

MILL & DALE PRESS LTD.

Exercise 13:

Paper, Il Section B.

1.

(i) IP

A are the roots. of the equation

2

x+-0, find the equation whose roots

and (x++)

are

-25-12.25

12.75 PC-JPO+CO

(12.5)+(12.75)

√169 -13 cm

Ftang=2

cosd

ing

CORA COMO

即是别值

(ii)Prova that the

(a)

equation found in (1) can have equal

roote only if as0

2 a4b, where a, bare both real.

ketch the graph of y= x2-2| for 06x62 Evaluate foix2-2jdx

(b) Given that C

and Cgix2+y

If the area enclosed by Cas Co. Kif and 1-3 is rotated about the x-axis, find the. volume of the solid formed.

(a) Solve for x. where

0.4 x 4360°. Bin7x+sin5x+sin3x+sinx-0.

(b) Given that:

ain2x+cos5-0

(1)

Prove that x-54° is a solution of the equation.

(11) Find the other:“

solutions of x where 04x180.

(iii)Hence show that

The fig. represents. the equation of the circle

22

x*+y=8x-7y+12=0

(4) Find the co-ordinates of A, B, C and D..

(i)A tangent is drawn at

P where AP is a

diameter. Find the

co-ordinates' of P and

the equation of the tangent.

(a) If z-coaêriaine,

show that cose-, (z+1)

sine-(-) and

hence show that

200gne-z-D ада

21einng=zh

6

(b) Express,ain ocoa g

in terms of multiple angles. by using the results of (a), and hence find the value

1+sine 2

CONH

(Ans)

.1+sin✪=ZGJAÐ.

Squaring both sides T+2aine+sing=cose Since sin 4+cos 0-1

+2sine+sin

4(1-sin24) 5sin2+2sine-340 (5sin-3)(sinë+3)=0

sing-

sinė--1 (rejccted). sine-

7. Let the sum be SP Compound interest =)·(1+336)2-p

-P(1.04) * -p

0.0816P..

Simple interest

*100*2.

$0.08P

(Aris)

0816P-0.08Pm144

0.0016P 144

P-90000

(Ans.)

Page 30Page 31