Question

Difference between GDP and GNP

IN POINTS MINIMUM 3.

Answer 1

Hey mate,

The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country. GNP = GDP + net property income from abroad.

Hope it will help you with

Answer 2

answer:-

GNP (Gross National Product) takes into account net income receipts from abroadwhile as  GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country. GNP = GDP + net property income from abroad.