Question

Nike has a factory in China producing and selling shoes. The value of transactions will be...

Nike has a factory in China producing and selling shoes. The value of transactions will be counted into ______.

a. Both U.S. GNP and U.S. GDP

b. Neither U.S. GNP nor U.S.

c. GDP U.S. GNP but not U.S.

d. GDP U.S. GDP but not U.S. GNP.

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Answer #1

Option C is correct answer

As per the definition of GDP it states that goods and services produced within territory of the country whereas GNP includes all the production. Inside and outside the country

Hence option C is correct

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