Apple is an American company, but its iPhones are assembled in China. The sale of each iPhone then is counted in China's GDP as:
A) consumption.
B) investment.
C) an import.
D) an export.
Correct Answer:
Verified
Q1: A main trading partner with the U.S.
Q2: A country who has a trade deficit:
A)
Q3: Countries that typically run a trade surplus
Q4: The value of exports minus the value
Q5: In 2015, exports represented:
A) about 13 percent
Q7: When a country imports more than it
Q8: The sale of each iPhone in the
Q9: A country that typically runs a trade
Q11: In 2015, imports represented:
A) about 15 percent
Q17: A trade surplus occurs when a country:
A)
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