Terminology - Finance
Gross National
Product - GNP
Gross National
Product (GNP) is the total value of all final goods and services produced
within a nation in a particular year, plus income earned by its citizens
(including income of those located abroad), minus income of non-residents
located in that country.
Basically, GNP
measures the value of goods & services that the country's citizens
produced.
Apr 7, 2016
Apr 7, 2016
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