Question

Which of the following is not considered when calculating a country’s GDP? a. goods produced by government agencies or commissions b. goods produced in the country by people who are not citizens c. services produced in the country d. goods produced by citizens of the country who are currently overseas

Answer 1

The answer is D.

Goods produced by citizens of the country who are currently overseas.

GDP measures inside of the country.... anything produced by citizens overseas would not count for a different countries GDP.

Answer 2

The answer is (D) goods produced by citizens of the country who are currently overseas.

Gross domestic product (GDP) can be defined as the total value of goods and services produced in a particular country, over a given period of time. It doesn't matter if it's produced by her citizens or foreigners, as long as it is within the boundaries of a particular country, their production is included in that country's GDP.

For example, the BMW Group is a German company, however, cars manufactured in the United States are included as part of the United States GDP, it will not be calculated for Germany.

Therefore, goods produced by citizens of a country, who are currently overseas will be counted to the GDP of the country where the goods are produced.