Question: Answer Exam- Requires Respondus LockDown Browser The components and robots for Toyota auto assembly lines in Canada are built in Japan. Toyota assembles cars for

Answer

Answer Exam- Requires Respondus LockDown Browser
Exam- Requires Respondus LockDown Browser The components and robots for Toyota auto assembly lines in Canada are built in Japan. Toyota assembles cars for the Canadian market in Ontario, Refer to Fact 4.1.3. Choose the statement that is incorrect. If any parts for the cars come from Japan, they are Canadian imports. If any parts for the cars come from Japan, they are recorded as a negative entry in calculating Japan's GDP. The assembly line components and robots appear as exports in Japan's GDP, Expenditure on the cars is part of consumption expenditure in calculating Canada's GDP. Expenditure made by Toyota on building the assembly plant in Ontario is recorded as investment. Next Page Page 3 of 40 Submit Quiz 2 of 40 questions saved

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Writing Questions!