Apple is an American company, but its iPhones are assembled in China. The sale of each iPhone is counted in U.S. GDP as:
A) consumption.
B) investment.
C) an import.
D) an export.
Correct Answer:
Verified
Q2: Foreign direct investment occurs when:
A) a firm
Q3: The investment that occurs when a firm
Q4: The balance of trade is the value
Q5: The largest category of U.S. imports is:
A)
Q6: The value of exports minus the value
Q8: Foreign direct investment can help businesses:
A) cut
Q9: China imports _ from the United States
Q10: Josh runs a maple syrup business in
Q11: Which of the following countries is a
Q12: A country that has a trade surplus:
A)
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