for a country what is more important GDP or GNP?
Answers
Explanation:
GDP measures the value of goods and services produced within a country's borders, while GNP measures the value of goods and services produced by a country's citizens domestically and abroad. GDP is an important figure because it shows whether an economy is growing or contracting.
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Gross national product (GNP)
GDP measures the value of goods and services produced within a country.
Gross national product (GNP)
GNP measures the value of goods and services produced by a country's citizens domestically and abroad.
By my point of view and being a science student of view both are important .
Refer news, books, consult teachers for accuracy.
Hopefully helped you out
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