Use the information below to answer the following questions.
Fact 20.1.3
The components and robots for Toyota auto assembly lines in Canada are built in Japan. Toyota assembles cars for the Canadian market in Ontario.
-Refer to Fact 20.1.3. Choose the statement that is incorrect.
A) Expenditure on the cars is part of consumption expenditure in calculating Canada's GDP.
B) Expenditure made by Toyota on building the assembly plant in Ontario is recorded as investment.
C) If any parts for the cars come from Japan, they are Canadian imports.
D) If any parts for the cars come from Japan, they are recorded as a positive entry in calculating Canada's GDP.
E) The assembly line components and robots appear as exports in Japan's GDP.
Correct Answer:
Verified
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