Question
What is the difference between Gross Domestic Product (GDP) and Gross National Product (GNP)? What would be the difference between GDP and GNP if -
What is the difference between Gross Domestic Product (GDP) and Gross National Product (GNP)? What would be the difference between GDP and GNP if -
a. A country's inward remittances exceed repatriation by foreigners.
b. If the inward remittances exactly equal repatriation by foreigners.
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Principles Of Econometrics
Authors: R Carter Hill, William E Griffiths
3rd Edition
0471723606, 9780471723608
