A test apparatus includes digital modulators provided in increments of multiple channels. A baseband signal generator performs retiming of data input as a modulation signal for the in-phase (quadrature) component, using a timing signal the timing of which can be adjusted, thereby generating a baseband signal. A driver generates a multi-value digital signal having a level that corresponds to the baseband signal output from the baseband signal generator. A multiplier amplitude-modulates a carrier signal with the multi-value digital signal. An adder sums the output signals of the multipliers.