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19/10/2019 9:37 pm
I found this recent article on GDP vs GNP and it mentions that GNP takes in national income receipts from abroad. Can someone explain that further?
https://www.economicshelp.org/blog/3491/economics/difference-between-gnp-gdp-and-gni/
23/10/2019 1:21 am
In the US, the factored payments from aborad include things like wages of Americans working abroad, profits earned by US citizen-owned companies abroad, and income generated from foreign assets owned by US citizens.