Suppose that an auto company owned entirely by German citizens opens a new factory in South Carolina.

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Suppose that an auto company owned entirely by German citizens opens a new factory in South Carolina.
a. What sort of foreign investment would this represent?
b. What would be the effect of this investment on U.S. GDP? Would the effect on U.S. GNP be larger or smaller?

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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