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

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Business

Topaz

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

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Arjun · Answer 1

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.