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3. GDP and GNP Volvo Personvagnar AB is an automobile manufacturer headquartered in Gothenburg, Sweden, and fully owned by Zhejiang Geely Holding Group of China.

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3. GDP and GNP Volvo Personvagnar AB is an automobile manufacturer headquartered in Gothenburg, Sweden, and fully owned by Zhejiang Geely Holding Group of China. Currently, the official car of the King of Sweden is a stretched Volvo S80, which is manufactured in Chongqing, China. In the event the King decides to buy the same model for the Princess, how will Sweden's GDP and GNP (Gross National Product) change? Which of the components of GDP (from the expenditure approach) will change, if any? (20 points)

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