時事評論工作紙
Study the following report on how the deteriorating situation in Thailand affects its tourism industry and answer the questions.
|C01 World news Daily News 14 April 2009 |
|Travel warning issued as situation in Thailand deteriorates |
|The situation in Thailand continued to be tense. The military police kept firing shots to disperse the anti-government protesters. |
|Countries including China, Australia, the UK, France, Singapore, Russia and Canada have issued travel warnings, asking people not to |
|visit Thailand. The Secretary for Security of Hong Kong announced last night that the situation in Thailand was deteriorating rapidly; |
|he strongly urged people not to visit Thailand, especially Bangkok, unless it was really necessary. Many travel agencies in Hong Kong |
|have cancelled tours that set off to Thailand between today and 22nd April. Somebody in the insurance sector said that tourists should |
|end their trips in Thailand as soon as possible because travel insurances in general have specified that tourists will not be |
|compensated in cases of wars, riots and coups d’etat. |
|It was Thailand’s ‘Water Spraying Festival’ (the local New Year) yesterday, but, affected by the protestors’ riots, a lot of tourists |
|cancelled their visits. Many tourist spots were temporarily closed, so were some large shopping centres in the city centre. A lot of |
|military police were patrolling in town, which was quiet. |
a) With the aid of a diagram, illustrate how the unstable situation in Thailand affects the demand for its tourism services (2 marks)
b) (i) What is the law of demand? (2 marks)
(ii) Use the law of demand to explain how the deterioration of the situation in Thailand affects the quantity of its tourism services. Illustrate with a diagram. (4 marks)
c) With the aid of a demand-supply diagram, explain how your answer in (a) affects the wage of the local tour guides. (5 marks)
d) Explain how the incident above affects the growth rate of GDP and the balance of payments of Thailand. (5 marks)
a) The demand for tourism services in Thailand falls. (1) Correct diagram. (1)
b) (i) The law of demand states that when price rises, quantity demand decreases, vice versa,
ceteris paribus. (2)
(ii) The deterioration of the situation in Thailand causes an increase in the opportunity cost (i.e., full price) of travelling to Thailand. (1) This leads to a fall in the quantity demanded of local tourism services. (1) Correct diagram. (2)
c) Labour is derived demand. (1) A fall in the demand for tourism services in Thailand reduces the demand for Thai tour guides. (1) The wages of the local tour guides will fall. (1) Correct diagram. (2)
d) The incident above seriously affects the tourism industry in Thailand, causing its exports of service to decrease. (1) Moreover, it also causes domestic investment to fall. (1) So, the growth rate of GDP of Thailand will fall. (1)
Thailand’s balance of invisible trade will decrease, causing the current account balance to decrease. (2)
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Q1
Q2
D2
D1
W1
W2
D1
Quantity of tourism services in Thailand
Price ($)
Q2
Q1
P2
P1
D
Quantity of tourism services in Thailand
Price ($)
D2
Quantity of Thai tour guide
Wage rate ($)
S
Quantity of Thai tour guide
Wage rate ($)
Quantity of tourism services in Thailand
Price ($)
Quantity of tourism services in Thailand
Price ($)
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