Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Researh Paper_163292...
One of the most common and controversial mode of evidences that the United States legal system uses to decide a case is the eyewitness testimonies. These require people who have witnessed the crime an...

Research paper
Research paper

One of the most common and controversial mode of e

PPP_1640608126.docx
From the provided book and the research, it has been understood that the inflation can affect negatively the US Dollar. There is a perfect connection between the increase of the US dollar and the econ...

PPP
PPP

From the provided book and the research, it has be

Writing Assignment 1...
The company that I chose to speak about for this assignment, that has done a tremendous job with using organized chaos to create innovative ideas to transform their company into a mega powerhouse thro...

Writing Assignment 1
Writing Assignment 1

The company that I chose to speak about for this a

Macroeconomic-Discussion

Macroeconomic-Discussion

Q Describe how the following transactions would affect U.S. exports, imports, and net exports: a. Students in Prague flock to see the latest movie from Hollywood. b. Mrs. Jones in Philadelphia buys a new Volvo. c. The student bookstore at Oxford University in England sells a copy of a U.S. printed/authored textbook d. A Canadian citizen shops at a store in northern Vermont to avoid Canadian sales taxes. e. An American art professor spends the summer touring museums in Europe.

View Related Questions

Solution Preview

View Complete Solution
. Hollywood is one of the greatest forces of the U.S. economy. According to 2011 data, Hollywood contributes 3.2% of the U.S. GDP. Now, as the students of Prague went for the Hollywood movie, it positively contributes to the U.S. economy. So, it actually the exports for the U.S. and if the imports remain the same, then it would increase the net exports. In this context, it should be mentioned here that Hollywood is one of the biggest U.S. exports ("Hollywood has blockbuster impact on US economy that tourism fails to match", 2013).