A German citizen buys an automobile produced in Canada by a Japanese company. What happens as a result?
A) Canadian net exports increase and GDP is unaffected; German net exports decrease and GDP is unaffected.
B) Canadian net exports and GDP increase, German net exports decrease, and GDP is unaffected.
C) Canadian net exports and GDP increase, German net exports and GDP decrease.
D) Canadian net exports and GDP are unaffected; German net exports and GDP decrease.
Correct Answer:
Verified
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