Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000  Exports by the firm = $1000 Purchase by the firm = $200

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
Section: Chapter Questions
Problem 27CTQ: Suppose a country has an overall balance of trade so that exports of goods and services equal...
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Calculate the value added by a firm with the following:-

Domestic sales of the firm = $4000 

Exports by the firm = $1000

Purchase by the firm = $200

 

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