A Texas Ranch Sells Beef to a U

question 19

Multiple Choice

A Texas ranch sells beef to a U.S.company that sells it to a grocery chain in Japan.These sales

• A)decrease U.S.exports but increase U.S.net exports.
• B)decrease both U.S.exports and U.S.net exports.
• C)increase both U.S.exports and U.S.net exports.
• D)increase U.S.exports but decrease U.S.net exports.

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Definitions:

Forecast Error

The difference between the actual demand and the forecasted demand, indicating the accuracy of forecasting models.