Multiple Choice
Ivan, a Russian citizen, sells several hundred cases of Russian caviar to a Canadian hotel chain. Which statement best identifies the effects of this transaction?
A) It increases Canadian net exports and has no effect on Russian net exports.
B) It increases Canadian net exports and decreases Russian net exports.
C) It decreases Canadian net exports and has no effect on Russian net exports.
D) It decreases Canadian net exports and increases Russian net exports.
Correct Answer:
Verified
Correct Answer:
Verified
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