Donna Motors is a Japanese-owned company that produces automobiles; all of its automobiles are produced in Korean factories. In 2017, Donna Motors produced $40 million worth of automobiles in the Korean factories , with $24 million in sales to Koreans, $12 million in sales to Canadians, and $4 million worth of automobiles added to Donna Motors' inventory. Considering the transactions described above, determine how is Korean GDP for 2017 affected? Your answer must show numbers and brief explanation in words.

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To determine how the Korean GDP for 2017 is affected by the transactions described we need to consider the components of GDP GDP or Gross Domestic Pro... View the full answer