Changes in TPAK and Economic Development in the Modern Era

Changes in TPAK and Economic Development in the Modern Era ESSAY 1. Name and explain at least four capital market products! Answer: a. Shares : Proof of deposit/investment in a company. b. Bonds : Notes on debt and credit contracts c. Warrant: Shares that have a specified time and place of transaction. d. Right issue : Pre-emptive shares 2. Briefly explain the history of the capital market! Answer: a. Colonialism period - "Vereniging Voor de Effecten" was established in Batavia. Established the Surabaya Stock Exchange and Semarang Stock Exchange On the eve of World War II the Stock Exchange was closed b. Old order period - Issuing government bonds of the Republic of Indonesia - Stalled due to 650% inflation c. New order period - Established BAPEPAM, the Capital Market Supervisory Agency and PT. Danareksa d. Reform order period until now - The Jakarta Stock Exchange and Surabaya Stock Exchange were merged into one under the name Indonesia Stock Exchange. 3. Mention the institutional structure of the capital market! Answer: Chair : Minister of Finance Vice Chair : 1) Minister of State for National Development Planning 2) Chairman of BAPPENAS Secretary Members : BAPEPAM : 1) Minister of Industry and Trade 2) Minister of State Secretary 3) Governor of Bank Indonesia 4) Chairman of the Investment Coordinating Board 4. List the duties of: a. Securities administration bureau : Provides bookkeeping services b. Custodian bank : Provides securities custody services c. Trustee : Represents the interests of all share traders d. Securities rating : Rating stocks to be sold 5. Explain the mechanism of stock trading on the stock exchange! Answer: a. Primary market : The process when shares are first offered (directly from the issuing company) b. Secondary market: The resale of shares purchased in the primary market, taking place on the stock exchange. Issuer - seller's broker - Stock exchange - buyer's broker - Investor 1. Silk Indonesia Textile s 10 Taiwan 5 10 6 Conclusion: Indonesia takes absolute lead in textiles Taiwan takes absolute lead in silk 2. Rice Motor lOMoARcPSD|26370826 Conclusion: Indonesia has an absolute lead in rice Japan has an absolute lead in motorcycles 3. Car Motor Japan 10 40 America 30 20 Conclusion: Japan has an absolute lead in motors America has an absolute lead in cars 4. Indonesia Taiwan Indonesia: Textile = = 0.5 Taiwan: Textile == 2 Textile s 10 Silk 20 12 8 Silk ==0.6 Silk ==1.5 Conclusion: Indonesia has comparative advantage in silk Taiwan has comparative advantage in textiles 5. HP Indonesia Textile s 10 China 20 15 Indonesia: Textile = = 0.5 China: Textile == 2 5 HP = = 0.3 HP == 3 Conclusion: Indonesia has comparative advantage in textiles China has comparative advantage in mobile phones 6. Batik Silk lOMoARcPSD|26370826 Japan 4 6 Indonesia 6 10 Indonesia: Batik = = 0.66 Silk = = 0.60 China: Batik = = 1.5 Silk ==1.6 Conclusion: Indonesia has comparative advantage in batik Japan has comparative advantage in silk 7. Textiles Silk Indonesia 10 6 Taiwan 5 10 8. 1 Meter of Indonesian textile =......Meter of silk - = = = 1,4 1 Meter of textile = 1.4 Meters of silk 8. Textiles Silk Indonesia 20 10 Taiwan 10 30 1 Kg of Indonesian rice = .....Sutera - = = = 2,5 1 Kg of Indonesian rice = 2.5 meters of silk 9. Car Motor Japan 10 40 America 30 20 1 Japanese motorcycle unit = ..... car unit - = = = 1,25 1 unit of motorcycle = 1.25 units of car 10. Australia Textile s 20 Rice 10 9. lOMoARcPSD|26370826 Indonesia Australia: Textiles = = 0.5 Indonesia: Textiles == 2 40 30 Rice = = 0.3 Rice == 3 Conclusion: Australia has a comparative advantage in Textiles Indonesia has a comparative advantage in Rice. 1 Meter of Australian textile =... Kg of Rice - = = = 0,25 1 Meter of Australian textile = 0.25 Kg of Rice.