Business, 13.09.2019 05:10 lays20001

Firm a produces desks. it is situated in the us but imports wood from brazil. last year it imported $8,000 in lumber and sold 100% of its production for a total value of $56,000 (assume transportation costs are negligible). what was the total value added by this firm to the economy (in terms of gdp) last year (in dollars)?
(a) 56,000
(b) 64,000
(c) 48,000

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Firm a produces desks. it is situated in the us but imports wood from brazil. last year it imported...

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