How is GDP different than that of GNP ? Explain with examples.

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03-11-2020
Social Studies

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How is GDP different than that of GNP ? Explain with examples.

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HAX828 HAX828 · Answer 1 · 2020-11-03T11:47:40+01:00

HAX828 HAX828

03-11-2020

GDP measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike. GNP measures the value of goods and services produced by only a country's citizens but both domestically and abroad.

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How is GDP different than that of GNP ? Explain with examples. ​

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How is GDP different than that of GNP ? Explain with examples.