Multiple Choice
A German citizen buys an automobile produced in Canada by a Japanese company. What happens as a result?
A) Canadian net exports increase and GDP is unaffected; German net exports decrease and GDP is unaffected.
B) Canadian net exports and GDP increase, German net exports decrease, and GDP is unaffected.
C) Canadian net exports and GDP increase, German net exports and GDP decrease.
D) Canadian net exports and GDP are unaffected; German net exports and GDP decrease.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: In computing GDP, what is investment?<br>A) spending
Q66: With respect to GDP, how are welfare
Q67: What is NOT included in GDP?<br>A) volunteer
Q68: An economy produces only eggs and ham.
Q69: In a given year, an economy has
Q71: Which of the following countries had the
Q72: Which statement supports the idea of using
Q73: In a given year, an economy has
Q74: Which of the following is included in
Q75: Suppose that over the past 25 years