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Discuss which of the following activities will contribute in the U.S. GDP. Support your responses with appropriate rationale.

• Goods sourced and sold by Wal-Martsubsidiary in Mexico

• Goods sourced and manufactured in China andsold by Wal-Mart in the U.S.

• Services provided by Facebook’s data centerin India

• Furniture produced and sold by IKEA’ssubsidiary in Ohio

• AutoCAD training provided by a U.S. trainerto the architects of an architecture firm based out of Italy

• Joe’s earning after selling his car to Jack

• New iPhone sold in grey market

A grey market includes distribution channels, which are legal but are unofficial,unauthorized, or unintended by the original manufacturer for the trade of a product.

• Opium sold in subways and parking lots

• Earnings collected by selling the tickets of Madonna’s dance show in Tokyo

• Earnings by selling the tickets of Indian Film Festival Awards in Texas

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91559631

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