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,Canadian GNP and GDP are unaffected,Japanese GNP increases,German net exports decrease,and German GNP and GDP are unaffected.
B) Canadian net exports,GNP,and GDP increase; Japanese GDP increases; German net exports decrease; and German GDP is unaffected.
C) Canadian net exports and GDP increase,Japanese GNP increases,German net exports decrease,and German GDP and GNP are unaffected.
D) Canadian net exports,GNP,and GDP are unaffected; Japanese GNP increases; German net exports decrease; and German GDP and GNP decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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