Which of the following is true about the GNI of the United States?
A) It excludes profit earned by an American factory in Great Britain.
B) It includes profits earned by a Japanese factory in Kentucky.
C) It includes profit earned by an American factory in Great Britain.
D) It stands for General National Income.
E) It is the difference between the value of U.S. exports and imports.

Question

Quizplus · Accepted Answer

GNI, or Gross National Income, includes the income earned by a country's citizens domestically and abroad, including profits earned by companies headquartered in that country but operating abroad. Therefore, profit earned by an American factory in Great Britain would be included in the GNI of the United States.

Which of the Following Is True About the GNI of the United