Multiple Choice
A German citizen buys an automobile produced in the United States by a Japanese company.As a result,
A) U.S.net exports increase, U.S.GNP and GDP are unaffected, Japanese GNP increases, German net exports decrease, and German GNP and GDP are unaffected.
B) U.S.net exports, GNP, and GDP increase, Japanese GDP increases, German net exports decrease, and German GDP is unaffected.
C) U.S.net exports and GDP increase, Japanese GNP increases, German net exports decrease, and German GDP and GNP are unaffected.
D) U.S.net exports, GNP, and GDP are unaffected, Japanese GNP increases, German net exports decrease, and German GDP and GNP fall.
Correct Answer:
Verified
Correct Answer:
Verified
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