Define Gross National Product.

1.	Define Gross National Product.
Answer» ANSWER: Gross national product (GNP) is an estimate of total VALUE of all the final products and services turned out in a given PERIOD by the means of PRODUCTION owned by a country's residents. ... Net exports represent the difference between what a country exports minus any imports of goods and services.

Answer»

Gross national product (GNP) is an estimate of total VALUE of all the final products and services turned out in a given PERIOD by the means of PRODUCTION owned by a country's residents. ... Net exports represent the difference between what a country exports minus any imports of goods and services.

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