The measure of the market value of all final goods and services produced in the world during a particular period, usually a year, is called the _____
A) net national product.
B) gross domestic product.
C) gross state product.
D) mercantilism.
E) gross world product.

Question

Quizplus · Accepted Answer

The gross world product (GWP) is the measure of the market value of all final goods and services produced in the world during a particular period, usually a year.

The Measure of the Market Value of All Final Goods