A Canadian tourist buys a $1000 camera in the U.S. What happens to Canadian imports/exports and GDP?
A) Canadian imports increase by $1000, and Canadian GDP increases by $1000.
B) Canadian imports increase by $1000, but Canadian GDP is unaffected.
C) Canadian imports and Canadian GDP are unaffected.
D) Canadian exports increase by $1000, and Canadian GDP increases by $1000.
Correct Answer:
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