Ivan, a Russian Citizen, Sells Several Hundred Cases of Russian

question 70

Multiple Choice

Ivan, a Russian citizen, sells several hundred cases of Russian caviar to a restaurant chain in Canada. Which of the following correctly identifies the effects of this transaction?

• A)It increases Canadian net exports and has no effect on Russian net exports.
• B)It increases Canadian net exports and decreases Russian net exports.
• C)It decreases Canadian net exports and has no effect on Russian net exports.
• D)It decreases Canadian net exports and increases Russian net exports.