Business, 22.12.2020 18:10, jhashknkughb6759

Identify each statement as an example of an import, an export, or neither. Assume that Canada is the domestic country. Glen lives in Canada and purchases a video game produced in Japan. Lucy lives in British Columbia and buys an apple grown in Quebec. A Chinese consumer purchases a TV produced in China. A farmer in Ontario sells corn to a food processing plant in China. Imperial Oil, an oil company based in Canada, sells oil to oil refineries in Brazil and Mexico.

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Identify each statement as an example of an import, an export, or neither. Assume that Canada is the...