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9 May, 06:15

Suppose Toyota built a new automobile plant in Mexico using Japanese management practices, Canadian capital, and Mexican labour. Which of the following statements would be true?

A. The portion of output contributed by Japanese management would be included in both Japanese GNP and GDP.

B. The portion of output contributed by Mexican labour would be included in both Mexican GNP and GDP.

C. The portion of output contributed by Japanese management would be included in neither Japanese GNP nor GDP.

D. The portion of output contributed by Canadian capital would be included in Canadian GDP

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  1. 9 May, 06:30
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    Answer: B. The portion of output contributed by Mexican labour would be included in both Mexican GNP and GDP.
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