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An American buys a pari of shoes manufactured in Italy. How do the U.S. national income accounts treat the transaction? A. Net exports and GDP
An American buys a pari of shoes manufactured in Italy. How do the U.S. national income accounts treat the transaction?
A. Net exports and GDP both fall
B. Net exports and GDP both rise
C. Net exports are unchanged, while GDP rises
D. Net exports falls, while GDP is unchanged
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