If Ford Sells 200 Explorers for a Total of $400,000

question 380

Multiple Choice

If Ford sells 200 Explorers for a total of $400,000 to Germany, while the United States imports 100 BMWs for a total of $500,000 from Germany

• A) U.S. GDP increases because it sells more Explorers.
• B) U.S. GDP decreases because net exports are negative.
• C) Germany's GDP decreases.
• D) U.S. net exports is positive.

Appreciate the critical role of learning capacity in adaptation and survival.

Understand how express warranties are created and identified in sales contexts.

Distinguish between express and implied warranties in sales contracts.

Recognize the automatic provision of warranties of title in sales transactions and implications of breaching these warranties.