If an American firm opens a production facility in India,the total value of the production will be included in the
A)gross domestic product of the United States.
B)national income of the United States.
C)gross domestic product of India.
D)national income of India.

Question

Quizplus · Accepted Answer

The gross domestic product (GDP) of a country includes the value of all goods and services produced within the country's borders, regardless of who owns the production facilities. Therefore, if an American firm opens a production facility in India, the production value will be part of India's GDP.

If an American Firm Opens a Production Facility in India,the