Use the information below to answer the following questions.
Fact 4.1.3
The components and robots for Toyota auto assembly lines in Canada are built in Japan.Toyota assembles cars for the Canadi market in Ontario.
-Refer to Fact 4.1.3.Choose the statement that is incorrect.
A) If any parts for the cars come from Japan, they are recorded as a negative entry in calculating Japan's GDP.
B) Expenditure made by Toyota on building the assembly plant in Ontario is recorded as investment.
C) Expenditure on the cars is part of consumption expenditure in calculating Canada's GDP.
D) The assembly line components and robots appear as exports in Japan's GDP.
E) If any parts for the cars come from Japan, they are Canadian imports.
Correct Answer:
Verified
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A)Gross
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