Question

what is gross national product at market price

Answer 1

the total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments is known as gross national product.

Answer 2

(a) The GNP at market price is not confined to the domestic territory of a country. It includes the final goods and services produced in any part of the world where normal residents of the concerned country work. (b) The GNP at market price is the GDP at market price plus net factor income from abroad.