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Suppose that an auto company owned entirely by Canadian citizens opens a new facility in the U.S.Answer all three parts below.In each case, carefully explain
Suppose that an auto company owned entirely by Canadian citizens opens a new facility in the U.S.Answer all three parts below.In each case, carefully explain your answer.
a)What sort of foreign investment would this represent?
b)What would be the effect of this investment on current Canadian Gross Domestic Product (GDP) and U.S. GDP?
c)What would be the effect of this investment on future per capita incomes in the United States?
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