Question: When is GDP roughly the same as GNP? For countries where nationals' offshore production is countered by domestic production by foreigners For countries that rely
When is GDP roughly the same as GNP?
- For countries where nationals' offshore production is countered by domestic production by foreigners
- For countries that rely on production owned by nationals located overseas that is not offset by foreign investment
- For countries that have a higher growth trajectory than others
- For countries with a large amount of foreign direct investment and return of profits to country of origin
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
