Any Output Produced by Canadian Firms Is Included in the Value

question 64

True/False

Any output produced by Canadian firms is included in the value of the Canadian GDP,even if the output was produced in a foreign country.

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Definitions:

National Exchange

A nationwide, regulated market for the trading of securities, such as the New York Stock Exchange (NYSE) or the National Association of Securities Dealers Automated Quotations (NASDAQ).

TSX

The Toronto Stock Exchange, a major stock exchange in Canada where various securities are traded.

OTC

Over-the-counter, a term used to describe securities trading conducted directly between parties without the involvement of a central exchange.

Total Quality Management

A philosophy of continually lowering costs and improving the provision of services and products to customers.