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GDP এবং GNP মধ্যে পার্থক্য ↕Basic difference GDP VS GNP

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Gross Domestic Product (GDP) counts the production with respect to the geographic border of the nation. Gross National Product (GNP) counts the production with respect to the citizenship. For example, if you are a U.S. citizen but work in Canada, your labor production will count toward the GNP of U.S. but not GDP of U.S. It is important to have these two different measurements because they give us different information. GDP tells more about the local economic activities while GNP tells more about the economic strength of an economy (essentially the productivity of the citizens). In international economics, these two measurements are sometimes compared to study the labor exports of an economy (ex. if a country has a lot of citizens working abroad, then the country may have a lower GDP than GNP). Please click the below mentioned link to know about:- 1.Top major reasons to study BBA to help students (https://youtu.be/08Fd1gPq2cU).
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Text Comments (1)
Faulty St (9 months ago)
Fundamental video

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