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An Indian company buys a new machine made in Britain by a Japanese company. No additional resources are used in India for the investment. The
An Indian company buys a new machine made in Britain by a Japanese company. No additional resources are used in India for the investment. The machine is made entirely with British labor and British-made parts. Assume that other activities in India, Britain, and Japan are unaffected by this purchase.
As a result, __________.
What happens to the GDPs of Britain, India, and Japan?
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