11) Which of the following statements is true? A) Final goods and services produced in Canada...

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11) Which of the following statements is true? A) Final goods and services produced in Canada by foreigners are imports. B) Final good C) Final goods and services produced in Canada by foreigners s and services produced abroad by Canadians are part of Canadian GDP are part of the foreign countrys GDP. D) Final goods and services produced in Canada by foreigners are part of Canadas GDIP. E) Final goods and services produced in Canada by foreigners are exports.

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Answer 1

Answer #1

Answer: D

GDP includes all good and services produced in a country both by foriegners and domestic citizens. So final goods and services produced by foriegners in a country is also part of GDP.

Thus final goods and services which are produced by foriegners in Canada are part of Canadian GDP.

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Answer 2

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