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The Opening of a New American-Owned Factory in Egypt Would

Question 268

Multiple Choice

The opening of a new American-owned factory in Egypt would tend to increase Egypt's GDP more than it increases Egypt's GNP because


A) some of the income from the factory accrues to people who do not live in Egypt.
B) gross domestic product is income earned within a country by both residents and nonresidents,whereas gross national product is the income earned by residents of a country while producing both at home and abroad.
C) all of the income from the factory is included in Egypt's GDP.
D) All of the above are correct.

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