GDP usually includes final goods and services produced in a year. Suppose Honda produces a product in

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GDP usually includes final goods and services produced in a year. Suppose Honda produces a product in Japan in the year 2013 but sold it in 2014. Would this be included in Japan’s GDP calculation for 2014? Explain. Can we include the value of stocks and bonds sold in the same year in GDP? Discuss.

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International Finance: Theory And Policy

ISBN: 9781292065199

10th Edition

Authors: Krugman, Paul R.; Melitz, Marc J.; Obstfeld, Maurice

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