9. Suppose that a car company owned entirely by South Korean citizens opens a new factory in...

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9. Suppose that a car company owned entirely by South Korean citizens opens a new factory in the north of England.

a. What sort of foreign investment would this represent?

b. What would be the effect of this investment on UK GDP?

Would the effect on UK GNP be larger or smaller?

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Business Economics

ISBN: 388402

2nd Edition

Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw

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