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IRISSAK [1]
2 years ago
13

Suppose Toyota built a new automobile plant in Mexico using Japanese management practices, Canadian capital, and Mexican labour.

Which of the following statements would be true?
A. The portion of output contributed by Japanese management would be included in both Japanese GNP and GDP.
B. The portion of output contributed by Mexican labour would be included in both Mexican GNP and GDP.
C. The portion of output contributed by Japanese management would be included in neither Japanese GNP nor GDP.
D. The portion of output contributed by Canadian capital would be included in Canadian GDP
Business
1 answer:
lesya692 [45]2 years ago
4 0

Answer: B. The portion of output contributed by Mexican labour would be included in both Mexican GNP and GDP.

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Answer:

C. A surplus of agricultural goods

Explanation:

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Price floor is minimum mandated price by government, below which a good cant be sold in the markets. It is usually set above market price, to protect the interest of sellers. Eg : Minimum Support price, of agricultural goods, set for protecting interests of sellers (farmers) from volatile prices.

This mandate set artificially high price : leads to supply being more than demand, as supply is directly & demand is inversely related to price. So, supply > demand implies that agricultural goods are at surplus in markets.

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Explanation:

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5 0
3 years ago
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Explanation:

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3 0
2 years ago
As a leader of the audit team, what do you tell your employees to do first?
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Answer:

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Answer:

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