What do you understand by the term Gross National Product? Is it a correct measure of a country’s progress? If not, what else methods can you suggest?
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Definition of 'Gross National Product' Definition: Gross National Product (GNP) is Gross Domestic Product (GDP) plus net factor income from abroad. Description: GNP measures the monetary value of all the finished goods and services produced by the country's factors of production irrespective of their location.
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no GNP is not a correct method of estimation of country's progress
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