What is Gross National Product (GNP)? [PDF Inside] |Explanation, How to Calculate GNP, Benefits of GNP

Gross National Product (GNP)

Gross National Product (GNP) is the total market value of all final goods and services produced by a country’s residents in a specific time period, typically a year. It includes the value of goods and services produced domestically as well as the income earned by the country’s residents from abroad, minus the income earned by … Read more