The residents of Australia earn $400 million of income from abroad. Residents of other countries earn $290 million in Australia. Therefore, Australia's net factor payments from abroad are
A) negative, and its GDP is lower than its GNP.
B) negative, and its GDP is higher than its GNP.
C) positive, and its GDP is lower than its GNP.
D) positive, and its GDP is higher than its GNP.
Correct Answer:
Verified
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