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why in 7.2(iii) are the Chinese GNP by calculating wages paid to workers+ profit by Chinese-owned ice-cream parlor ?? as i know that GNP= GDP
why in 7.2(iii) are the Chinese GNP by calculating wages paid to workers+ profit by Chinese-owned ice-cream parlor ?? as i know that GNP= GDP +factor income derived by nationals from overseas-factor income paid to foreigners. what is the GDP in this question?
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