The purchases of U.S. products by the citizens of Mexico are:
A) counted as U.S. exports.
B) counted as U.S. imports.
C) considered Mexico's exports.
D) considered as an income transfer from the U.S. to Mexico.
Correct Answer:
Verified
Q53: Use the following to answer questions .
Exhibit:
Q54: A country's exports minus its imports measures:
A)
Q55: Goods and services produced in the domestic
Q56: GDP does NOT include _.
A) government purchases
B)
Q57: Goods and services produced abroad and sold
Q59: Use the following to answer questions .
Exhibit:
Q60: A trade deficit occurs when:
A) foreign remittances
Q61: Use the following to answer questions .
Exhibit:
Q62: The gross national product (GNP) of the
Q63: China's gross national product can be calculated
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