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Consider the following table showing the breakdown of GDP (in billions) for Mexico.

Consumption1000
Investment1000
Government Expenditure300
Exports50
Imports10

Using the expenditure approach, calculate GDP for Mexico.

$   Hint

Consider the following table showing the breakdown of GDP (in billions) for Canada.

Consumption1100
Investment600
Government Expenditure100
Exports30
Imports30

1. What are net exports for Canada.

 

Hint

2. Canada is experiencing:

Hint


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