Gross National product means.......
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Gross National Product (GNP) is referred to as the total value of all the goods and services produced by the residents and businesses of a country, irrespective of the location of production. ... It also takes into account the value of the products that are produced by the industries of domestic origin.
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Gross National product means.......
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The gross national income, previously known as gross national product, is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product, plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents.
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