At a port in Kenobi Bay in the island nation of Obi-Taiwan, a cargo ship is currently being loaded and unloaded. Kenobi bay handles $256695936 of trade every year.

A cargo container of Chinese consumer electronics is one such container on the ship. If that container contains 50 phones worth $222 each and 30 tablets worth $356 each, how much will it affect Obi-Taiwanese GDP when those items are sold?
The GDP will decrease by $ _____. Calculate the answer by read surrounding text. .

If Obi-Taiwan sends that cargo container back to China loaded with 24 laptop computers each worth $812 on the Chinese market, how much will Obi-Taiwan's GDP change when they are sold?
GDP will increase by $  _____. Calculate the answer by read surrounding text.

After just those two trades, Obi-Taiwan's net exports are $  _____. Calculate the answer by read surrounding text. .

Answer rating: 100% (QA)

Calculating the impact of the trades on ObiTaiwans GDP 1 Electronics Import The val... View the full answer