Post Utme Crawford University 2022 Economics Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2022 Economics Objective / Multiple Choice
Question 22 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is calculated as the sum of the value of all final goods and services produced within its borders. However, if a foreign company produces goods within the country, but the goods are not sold within the country, how would this affect the country's GDP?

Answer Options

A. The country's GDP would increase by the value of the goods produced.
B. The country's GDP would decrease by the value of the goods produced.
Correct Answer C. The country's GDP would remain unchanged.
D. The country's GDP would increase by the value of the goods sold within the country.
Correct Answer
C
Correct Option:
The country's GDP would remain unchanged.

About This Question

This is Post Utme Crawford University 2022 Economics Question 22. It is one of the objective questions from the 2022 Post Utme Crawford University Economics examination.

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