The annual value of goods and services produced in a country less net foreign investment is a country's
A) trade surplus.
B) gross domestic product.
C) balance of payments.
D) trade deficit.

Question

Quizplus · Accepted Answer

Gross Domestic Product (GDP) measures the annual value of goods and services produced within a country's borders. It does not subtract net foreign investment; instead, it includes all production regardless of foreign investment.

The Annual Value of Goods and Services Produced in a Country