If ABC Ltd., a Canadian firm, produces widgets in a factory it has built in Mexico, the

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If ABC Ltd., a Canadian firm, produces widgets in a factory it has built in Mexico, the market value of those widgets is added to Canada's GNP but not Canada's GDP. Explain why.
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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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