Apple is an American company,but its iPhones are assembled in China.The sale of each iPhone then is counted in GDP as:
A) C,consumption.
B) I,investment.
C) Im,an import.
D) Ex,an export.
Correct Answer:
Verified
Q1: A country that has a trade surplus:
A)imports
Q3: Overall,the U.S.government has borrowed:
A)more than $1.6 trillion
Q7: When a country imports more than it
Q7: In 2010,the sale of iPhones contributed $1.9
Q8: A country who has a trade deficit:
A)imports
Q10: A country that typically runs a trade
Q14: In the U.S. over the last 50
Q18: The balance of trade is the value
Q19: For nearly every year since 1970, the
Q20: China imports _ from the U.S. compared
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