ArmiLiza, a popular United States-based brand of handbags, has built a second factory in Mexico. The majority of the new factory's employees are Mexican citizens or Honduran immigrants
On which country's gross domestic product will the second factory's goods be counted?A) the United States
B) Mexico
C) Honduras
D) They will be split between the United States and Mexico.
E) They will be split among all three countries.
B
Explanation: B) GDP measures market value of all goods and services produced in a country, including goods and services produced by foreign-owned companies.
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The following writers typically use examples often:
a. professional writers b. non-professional writers c. both of the above d. none of the above
________ is a type of countertrade in which a foreign supplier employs a processor to process raw materials that the processor cannot afford to purchase. The supplier then sells the processed goods to a third party to pay for the processing
A. Buyback B. Offset C. Swap D. Tolling