If a Canadian citizen buys a television made in Korea made by a Korean firm, what is the impact on net exports and GDP?
A) Canadian net exports decrease, and Canadian GDP decreases.
B) Canadian net exports are unaffected, and Canadian GDP decreases.
C) Canadian net exports are unaffected, and Canadian GDP is unaffected.
D) Canadian net exports decrease but Canadian GDP is unaffected.
Correct Answer:
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