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Homework answers / question archive / Do the following count towards the GDP or the GNP? Nissan car plant (factory) in the UK contributes to the UK’s ___ H&M store on Istiklal Street in Istanbul contributes to Sweden’s ____ Adidas store on Istiklal Street in Istanbul contributes to Turkey’s____ P?nar factory in Albania contributes to Turkey’s ___
Do the following count towards the GDP or the GNP?
Nissan car plant (factory) in the UK contributes to the UK’s ___
H&M store on Istiklal Street in Istanbul contributes to Sweden’s ____
Adidas store on Istiklal Street in Istanbul contributes to Turkey’s____
P?nar factory in Albania contributes to Turkey’s ___
1. GDP
2. GNP
3. GDP
4. GNP
Basic Definations of GNP and GDP are as Follows which will help to understand the above answers:-
Gross domestic product (GDP) is the value of a nation's finished domestic goods and services during a specific time period. A related but different metric, the gross national product (GNP), is the value of all finished goods and services owned by a country's residents over a period of time.
That means for the GDP the Geographical Boundries are main thing while for the GNP the Nationality of the Producer or income receiver is main thing.
