macroeconomics question 7

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.

Respond and engage with at least two classmates.

 
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