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Suppose Islandia and Krakozhia are two neighboring countries. Firms A , B , C , D , and E are Islandian firms. Identify whether the

Suppose Islandia and Krakozhia are two neighboring countries. Firms A, B, C, D, and E are Islandian firms. Identify whether the following activities of A, B, C, and E count towards Islandia's GDP.
\table[[Example,Impact on GDP],[Firm A earns $200,000 in profits from its production unit set up in Krakozhia.,],[\table[[Firm B imports perfumes in wholesale from Krakozhia at $25 each and sells them in],[Islandia for $550.]],],[A third-party retailer, Firm C, pays $1.50 each for the soaps produced by Firm D and sells,],[them at $4.50.,],[\table[[Firm E imports blue cheese from Krakozhia at $25 per Ib and sells it at the same price in],[Islandia.]],]]
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