In the calculation of GDP by the expenditure approach, exports from the United States must be

Question

Quizplus · Accepted Answer

Exports from the United States are added in the calculation of GDP by the expenditure approach. The expenditure approach includes all spending on goods and services within an economy, regardless of who is doing the spending. Exports represent spending by foreign buyers on goods produced within the United States, and as such, they are included in the calculation of GDP.

In the Calculation of GDP by the Expenditure Approach, Exports