GDP Calculation

Discussion in 'Economics' started by jeremyhu, Jan 11, 2009.

  1. jeremyhu


    My girlfriend and I are having a small argument over how GDP is calculated. Given this small scenario, can someone please break down the US and Mexican GDP and how you calculated it.


    A grocery store in the US purchases $70 in produce from Mexico. I then purchase that produce for $100 from the store.