Question

GDP and GNP diffrences

Answer 1

Answer:

gnp is gdp+nfia ie net factor income from abroad

gnp is a broader concept than gdp

Explanation:

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Answer 2

Answer:

GDP measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike. GNP measures the value of goods and services produced by only a country's citizens but both domestically and abroad.