ITA100Y1 Midterm: midterm1
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Indicate how each of the following transactions affects US exports, imports, and net exports.
Transactions | US Exports | US Imports | Net Exports |
An American art professor spends the summer touring museums in Europe. | |||
Students in Paris flock to see the latest movie from Hollywood. | |||
Your uncle buys a new Volvo. | |||
The student bookstore at Oxford University in England sells a copy of this textbook. | |||
A Canadian citizen shop at a store in northern Vermont to avoid Canadian sales taxes. |