Question

Is the ecological footprint anti-trade or anti-GDP? Explain

Answer 1

The ecological footprint is a term which is used to denote the amount of nature's components usage by ourselves.

This statistical analysis of the usage and residual nature resources ,helps a lot about planning and establishing different economic strategies to improve the trade and GDP of a nation.

For this reason,the ecological footprint is actually beneficial for the trading sectors and for the GDP count also.

Answer 2

No, the ecological footprint anti-trade or anti-GDP.

Explanation:

• Commerce is paid for by allocating this market to the nation where these 'goods and services' are eventually used. Such accounting represents the patterns of imports and exports but does not determine the costs, drawbacks, or justice of exchange.
• Footprint estimates are historical rather than statistical and do not assess the importance of innovations that may become obtainable in the future. The solution to Footprint is not pro-or anti-GDP. GDP is an economic indicator that is used to chart an economy's total value-added.

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