Suppose a Canadian firm imports $1000 worth of bananas and sells them for $2000. The effect on Canadian GDP would be
A) to increase the value of GDP by $2000.
B) to increase the value of GDP by $3000.
C) to increase the value of GDP by $1000.
D) to decrease the value of GDP by $3000.
E) no effect on GDP since the bananas were produced outside Canada.
Correct Answer:
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