2015: $29 in engine parts imported into Canada and $44in engine parts produced in Canada. 2016: GM Canadafirm takes these engine parts and produces $260 worthin engines. 2017: GM Canada exports these engines(receiving $260) to GM US. GM US uses these parts tocreate $486 in cars.Based on the information provided, what was thecontribution to Canada's GDP in 2017? (Remember, donot enter the $, and enter the negative sign ifappropriate.)260

GDP Contribution: In straightforward situations, such as when calculating aggregates using current…

Answered: 2015: $29 in engine parts imported into…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter2: The Domestic And International Financial Marketplace

Section: Chapter Questions

Problem 10P

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KS Inc. produces a product in the United Kingdom at a cost of £0.55 per unit which it then sells in France for €1.25 per unit. If in the currency markets, 1 U.S. dollar = £0.6373 and 1 U.S. dollar = €1.0279, how much profit is realized by KS Inc. on each unit of product sold? * $0.7857 $0.3531 $0.2571 $0.1095 When the supply for money increases and the demand for money reduces, there will be * A fall in the level of prices An increase in the rate of interest A fall in the level of demand A decrease in the rate of interest
The following table shows an example of gross domestic product values for five countries over six years in equivalent U.S. dollars (). a. How could you improve the readability of this table? b. The file GDPyears contains sample data from the United Nations Statistics Division on 30 countries and their GDP values from Year 1 to Year 6 in US. Create a table that provides all these data for a user. Format the table to make it as easy to read as possible. Hint: It is generally not important for the user to know GDP to an exact dollar figure. It is typical to present GDP values in millions or billions of dollars.
A company manufactures a product in the United States and sells it in England. The unit cost of manufacturing is $52. The current exchange rate (dollars per pound) is 1.213. The demand function, which indicates how many units the company can sell in England as a function of price (in pounds) is of the power type, with constant 27556733 and exponent -2.5. A) Develop a model for the company's profit (in dollars) as a function of the price it charges (in pounds). Then use a data table to find the profit-maximizing price to the nearest pound. Assume that the price ranges from £45 to £100 in increments of £1. Round your answer for the maximum profit to the nearest dollar and your answer for the best price to the nearest pound. 1. Maximum profit: $______ 2. Best price: £ ______
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Which of the following would not count as part of US GDP in 2019 A. Paul paid rent of $12,000 for his apartment in Maryland in 2019 B. Boeing ( a company based in Chicago) sells 10 airplanes to Norway C. Luigi, a foreign investor in New York, produces furniture worth $ 200,000 in 2019 D. Jane purchases 100 shares of stock in Amazon
Consider the balance-of-payments accounting information for Lalaland in 2015 as shown in the table below. All values are in billions of dollars and any variables not provided below have a value of zero. 500 Exports Imports Net foreign-investment 350 income -60 Capital outflows 180 Capital inflows 90 ТABLE 34-1 Refer to Table 34-1. What is the net capital flow between Lalaland and the rest of the world in 2015? O a. a net capital inflow into Lalaland of $180 billion Ob. a net capital outflow from Lalaland of 180 billion O c. a net capital outflow from Lalaland of $60 billion O d. a net capital outflow from Lalaland of $90 billion O e. a net capital inflow into Lalaland of $90 billion
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Suppose that you are a finance manager at a U.S. based MNC. On January 1st, you anticipate you will need to purchase C170,000.00 (Canadian dollars) worth of supplies from a Canadian supplier in March using Canadian dollars (C$). The current spot rate $105,400.00 an dollar is $0.73. Suppose that on February 10th, you find out your MNC no longer needs the order of Canadian supplies and, th Therefore, you wish to close out your futures position. In order to close out your futures position in Canadian dollars, you would a futures contract specifying of March 10th. If the futures contracts for Canadian dollars are priced at $0.62, then your MNC would receive date from that contract in exchange for C$170,000.00. $147,560.00 $137,020.00 $126,480.00 ed Canadian dollars. with a settlement date on the settlement
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The following table shows an example of gross domestic product values for five countries from 2005 to 2010 in equivalent U.S. dollars (). a. How could you improve the readability of this table? b. The file GDPyears contains sample data from the United Nations Statistics Division on 30 countries and their GDP values from 2005 to 2010 in U.S. dollars (). Create a table that provides all these data for a user. Format the table to make it as easy to read as possible. Hint: It is generally not important for the user to know GDP to an exact dollar figure. It is typical to present GDP values in millions or billions of dollars.
Engco, a U.S. corporation, produces industrial engines at its U.S. plant for sale in the United States and Canada. During the current year, Engco's total sales to Canadian customers are $10 million and the related cost of goods sold is $7 million. Title passes in Canada on all engine sales to Canadian customersa. How much of Engco's export gross profit of $3 million (export sales of $10 million less$7 million cost of goods sold) is classified as foreign-source tor U.S. tax purposes?b. Now assume that the facts are the same as in part (a), except that EngCo is a distributor that purchases the ensines trom indevendent third parties tor sale to customers in both the United States and Canada. How much of Engco's export gross profit of $3 million from Canadian sales is classitied as foreign-source tor U.S. tax purposes?

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