If Frito Lay, an American snack company, opens a new manufacturing facility in Mexico and produces snacks which are distributed in South America, then Mexico's GDP ________ and U.S. GDP ________.
A) increases; does not change
B) does not change; increases
C) increases; decreases
D) increases; increases
Correct Answer:
Verified
Q1: Which of the following expenditures is for
Q2: GDP does not directly include intermediate goods
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
Q7: If Nike, an American corporation, produces sneakers
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
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