Question: One difference between GDP and GNP is that: a) GDP eliminates net exports because it is measuring only domestic production b) GDP eliminates imports because

One difference between GDP and GNP is that:

a) GDP eliminates net exports because it is measuring only domestic production

b) GDP eliminates imports because it is measuring only domestic production

c) GDP is production only by firms located within India’s boundaries even if they are foreign owned

d) GDP is production by Indian-owned firms regardless of geographic location

e) None of the above

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