Which of the Following Would Be Excluded from the GDP

question 130

Short Answer

Which of the following would be excluded from the GDP of Brazil?
A Canadian company produces and sells products in Brazil
A U.S. company produces and sells products in Brazil
A Brazilian company produces and sells products in Canada
A Brazilian company produces and sells products in Brazil
it is not possible to tell given the information that is provided

---

Definitions:

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government.

Total Tax

The combined amount of all taxes owed by an individual or corporation in a given year, including federal, state, and local taxes.

Retained Earnings

Retained earnings are the portion of a company's profits that is kept or retained within the business for reinvestment or to pay debt, rather than being distributed to shareholders as dividends.

Liability

A company's legal financial debts or obligations that arise during the course of business operations.