For each of the scenarios identified in the following table, briefly explain in which countrys GDP and
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For each of the scenarios identified in the following table, briefly explain in which country’s GDP and GNP the transaction is recorded.
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Scenario Roberto is a Mexican citizen who is an economics professor at a community college in California. His income is recorded in. German car manufacturer BMW produces sedans in its North Carolina plant. The value of the cars produced count in: Chinese multinational company Huawei produces phones in China and sells them to customers in Thailand. The value of the phones produced count as part of: The GDP of This Country The GNP of This Country
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