Fees that Australian universities receive from overseas students studying in Australia are not included as part of GDP but are included as part of Gross National Income (GNI), as GNI includes flows of funds from overseas.

Question

Quizplus · Accepted Answer

Fees that Australian universities receive from overseas students studying in Australia are included as part of GDP because they are part of the income generated within the country's borders from the production of goods and services. GNI, on the other hand, adjusts GDP by adding income received from abroad and subtracting income sent abroad.

Fees That Australian Universities Receive from Overseas Students Studying in Australia