If Nike, an American corporation, produces sneakers in Thailand this would
A) count as part of U.S. GDP since it is a U.S. corporation.
B) count for both Thailand's GDP and U.S. GDP.
C) add to Thailand's GDP but not to U.S. GDP.
D) add to neither U.S. GDP nor Thailand's GDP.
Correct Answer:
Verified
Q2: GDP does not directly include intermediate goods
Q3: If Frito Lay, an American snack company,
Q4: Gross domestic product (GDP) measures the
A) number
Q5: The word "final" in the definition of
Q6: The calculation of the final goods and
Q8: Gross domestic product is a measure of
Q9: Intermediate goods are excluded from GDP because
A)
Q10: In the definition of GDP, "market value"
Q11: Which of the following is a final
Q12: In the United States, GDP is typically
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