Post Utme Esut 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Esut Economics examination.

Post Utme Esut 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2018 • ECONOMICS • objective

A country's GNP is calculated as the sum of all final goods and services produced by its citizens, regardless of where they are produced. If a country's citizens produce goods in a foreign country and export them to the home country, how will this affect the home country's GNP?

Answer Options

Correct Answer A. The home country's GNP will increase.
B. The home country's GNP will decrease.
C. The home country's GNP will remain unchanged.
D. The home country's GNP will be affected only if the goods are produced by domestic entities.
Correct Answer
A
Correct Option:
The home country's GNP will increase.

About This Question

This is Post Utme Esut 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Esut Economics examination.

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