Economy, asked by Sunnybunny8565, 1 year ago

Why are the imports subtracted when gdp is calculated in expenditure approach?

Answers

Answered by Anonymous
2

Answer:

That's why it is included in GDP (as GDP means the total market value of all final goods and services produced in a country within a given period). Import is subtracted because it's the production of a foreign country purchased by domestic country.

Similar questions