Reginald Rothchild buys $200 of blueberries while on vacation in Canada. Although Reginald is from England, this amount will be included in nominal GDP for Canada, not for England.

Question

Quizplus · Accepted Answer

Nominal GDP measures the value of goods and services produced within a country's borders, regardless of the nationality of the buyer. Therefore, the $200 worth of blueberries purchased by Reginald in Canada would be included in Canada's nominal GDP.

Reginald Rothchild Buys $200 of Blueberries While on Vacation in Canada