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Author Question: A country's GNP is always larger than its GDP. Indicate whether the statement is true or ... (Read 71 times)

melina_rosy

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on: Jun 30, 2018
A country's GNP is always larger than its GDP.
 
  Indicate whether the statement is true or false

Question 2

Which of the following is an example of an institution whose primary concern is global stability?
 
  A) NAFTA (North American Free Trade Agreement)
  B) OPEC (Oil Producing and Exporting Countries)
  C) IMF (International Monetary Fund)
  D) Mekong River Commission
  E) Asian Development Bank


JYan

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Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: GNP will be larger when the country is a net exporter of factors of production.

Answer to Question 2

C


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