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Diffrent between GNP and GNI

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Answer:

Step-by-step explanation:

  • GDP is the total market value of all finished goods and services produced within a country in a set time period.
  • 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. It also adds subsidies and taxes from foreign sources.
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