Unit 7 DB: International Trade

Question # 00796648 Posted By: 95 Updated on: 03/03/2021 12:18 PM Due on: 03/31/2021
Subject Economics Topic General Economics Tutorials:
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350-400 words

Describe how the following transactions would affect U.S. exports, imports, and net exports: 

  1. Students in Prague flock to see the latest movie from Hollywood. 
  2. Mrs. Jones in Philadelphia buys a new Volvo.
  3. The student bookstore at Oxford University in England sells a copy of a U.S. printed/authored textbook 
  4. A Canadian citizen shops at a store in northern Vermont to avoid Canadian sales taxes. 
  5. An American art professor spends the summer touring museums in Europe.


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