The value of Canadian imports is:
A) added to exports when calculating GDP, because imports indicate spending by Canadians
B) subtracted from exports when calculating GDP, because imports do not require spending by Canadians
C) subtracted from exports when calculating GDP, because imports do not involve production in Canada
D) added to exports when calculating GDP, because imports do not involve production in Canada
E) ignored when calculating GDP, since imports do not represent spending by Canadians
Correct Answer:
Verified
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