sonamshah672
Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform.

different between GNP and GNI.​

Sagot :

Lilly0212

Answer:

GDP measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike.

GNP measures the value of goods and services produced by only a country's citizens but both domestically and abroad. GDP is the most commonly used by global economies.

IN EASY WORDS:

GNI is the total income received by the country from its residents and businesses regardless of whether they are located in the country or abroad.

GNP includes the income of all of a country's residents and businesses whether it flows back to the country or is spent abroad.

If correct please give brainliest

Stay safe and healthy

Thank You

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.