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[3 Marks] Assume everything happened this year. In order to create two handbags, your Canadian firm purchased $200 in leather produced by a domestic firm

[3 Marks] Assume everything happened this year. In order to create two handbags, your Canadian firm purchased $200 in leather produced by a domestic firm and $100 for buckles produced in China. You sold the first handbag for $500 to a Canadian dealer who sold it for $800 to a Canadian consumer. You exported the second handbag to China for $1000. What is the total Canadian GDP created by these two handbags

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