Consider the following estimates for an ipad sold in Canada in 2010, retail price $550 (say at bestbuy), Apple (a U.S Cooperation) wholesale price $475, Apple intermediate costs 385. Of apple's intermediate costs, $100 was wholly produced by U.S manufacturers, and $285 from other foreign producers. Suppose the production chain was as follows: China sells $145 of domestic part to Japan, who adds domestic parts and ships to the U.S for $285. (assume all figures in CA dollars)

How does the Ipad show up in Canada's bilateral trade deficits with Japan, China and U.S Respectively?

Question

Consider the following estimates for an ipad sold in Canada in 2010, retail price $550 (say at bestbuy), Apple (a U.S Cooperation) wholesale price $475, Apple intermediate costs 385. Of apple's intermediate costs, $100 was wholly produced by U.S manufacturers, and $285 from other foreign producers. Suppose the production chain was as follows: China sells $145 of domestic part to Japan, who adds domestic parts and ships to the U.S for $285. (assume all figures in CA dollars)

How does the Ipad show up in Canada's bilateral trade deficits with Japan, China and U.S Respectively?