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An American Retailer Purchased 100 Pairs of Shoes from a Company

question 101

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An American retailer purchased 100 pairs of shoes from a company in Mexico in the second quarter of 2016 but does not sell them to a consumer until the third quarter of 2016.In which quarter(s) does(do) the value of the shoes add to U.S.GDP?


Definitions:

Stock Exchanges

Centralized platforms where stocks and other securities are bought and sold.

NASDAQ

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

NYSE

The New York Stock Exchange, one of the largest stock exchanges in the world where stocks of publicly held companies are bought and sold.

Investor Relations

The management of communication and relationships between a company and its investors, aiming to provide an accurate account of company affairs.

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