Gross National prodcut - GNP
- Thursday, November 6, 2008, 7:37
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Gross National prodcut - GNP
Gross national product is the value of all commodities produce in the country including the earning of the entire citizens of the country working abroad and excluding earning of the foreigners in the country.
GDP is the value of all products and services in the country during the provided time period. GNP includes all the earning of the nationals working within or outside the country. E.g. All the Americans working in USA and around the world is the part of GNP.
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