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Economics - Financial Markets 20 Online
OpenStudy (awesome781):

Using macroeconomics analysis/principles explain why foreign cars are better than American cars

OpenStudy (koikkara):

\(\color{darkgreen}{~''Hello"}\) @Awesome781\(\color{darkgreen}{~''Nice~To~Meet~You~!!"}\) So u think foreign cars are better than American cars ?

OpenStudy (koikkara):

Since OS don't support direct answers, Just look at this... http://www.foreignaffairsauto.com/blog/why-foreign-cars-are-better-than-american-cars/ \(Hope~it~helps~!!\)

OpenStudy (awesome781):

Ok is that using macroeconomics principle?

OpenStudy (koikkara):

@Awesome781 I would say yes, as most advanced car does. To my opinion the goods we buy are a collection of intermediate goods, assembled in a unique way to produce the final good. The final goods approach to calculating GDP only counts the price that consumers pay for the good. It does not include the price the manufacturer paid for intermediate goods, as that would be double counting. The value of the intermediate goods are included in the price of the final good.... Why not look at http://www.colorado.edu/economics/courses/econ2020/section6/section6-main.html Might Help you much better !

OpenStudy (awesome781):

It talks about cars in terms of economics?

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