Suppose a U.S. car maker produces 10 cars, each worth $25,000. During a recession that year, U.S.

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Suppose a U.S. car maker produces 10 cars, each worth $25,000. During a recession that year, U.S. households buy only 5 cars. However, the company exports two more cars to Japan. How much does U.S. GDP increase by?

		a. U.S. GDP does not change at all because the car maker is not able to sell all cars
		b. $125,000
		c. $175,000
		d. $250,000

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International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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Posted Date: Feb 07, 2024 02:10 AM

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Suppose a U.S. car maker produces 10 cars, each worth $25,000. During a recession that year, U.S.

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