Ask Question
BusinessBusiness
9 January, 17:14

When Americans buy goods produced in Canada, Canadians earn income from American expenditures. Does the value of this Canadian output and American expenditure get counted under the GDP of Canada or the United States

+5
Answers (1)
  1. 9 January, 18:48
    0
    The value of this Canadian output and American expenditure get counted under the GDP of Canada.

    Explanation:

    When Americans buy a good produced in the Canada，Canadians earn income from Americans expenditure. The value of this Canadian output and American expenditure is counted under the GDP of Canada

    GDP is the total sum of goods and services produced within a country's borders.

    Goods produced in the Canada count in Canada's GDP even if they are consumed in U. S.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When Americans buy goods produced in Canada, Canadians earn income from American expenditures. Does the value of this Canadian output and ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
According to linda hill's study, after six months as a manager, most of the new managers typically believe that their job is to:
Answers (1)
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 22,000 defective units that cost $6 per unit to manufacture. The units can be a) sold as is for $2.
Answers (1)
From the perspective of manufacturers, standardization means: A. making identical, interchangeable components or complete products. B. making the exact product a particular customer needs or wants. C.
Answers (1)
A systematic process for gathering and interpreting information about individuals regarding a business problem or market opportunity is called
Answers (1)
What is the main difference between the equity and exchange philosophies of compensation?
Answers (1)
New Questions in Business
George and Dan's political consulting firm is losing money, but it is more than covering its variable costs. What is the most accurate statement we can make about it?
Answers (1)
The company or organization identified in Chapter 11, Analytics in Action, is Group of answer choices Centers for Disease Control and Prevention Petrobras Intercontinental Hotels MeadWestvaco Corporation
Answers (1)
Davita Spencer is a manager at Half Dome Asset Management. She can generate an alpha of 2% a year up to $100 million. After that her skills are spread too thin, so she cannot add value, and her alpha is zero.
Answers (1)
Lusk Corporation produces and sells 15,700 units of Product X each month. The selling price of Product X is $27 per unit, and variable expenses are $21 per unit. A study has been made concerning whether Product X should be discontinued.
Answers (1)
ichael McNamee is the proprietor of a property management company, Apartment Exchange, near the campus of Penscola State College. The business has cash of $8,000 and furniture that cost $9,000 and has a market value of $13,000.
Answers (1)
Home » Business » When Americans buy goods produced in Canada, Canadians earn income from American expenditures. Does the value of this Canadian output and American expenditure get counted under the GDP of Canada or the United States
Sign Up Forgot Password?