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

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

a. What sort of foreign investment would this represent?

b. What would be the effect of this investment on Canadian GDP? Would the effect on Canadian GNP be larger or smaller?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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