Post Utme Greenfield University 2020 Economics Question 32

Practice objective / multiple choice question 32 from the 2020 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2020 Economics Objective / Multiple Choice
Question 32 POST_UTME_GREENFIELD_UNIVERSITY • 2020 • ECONOMICS • objective

A country's GDP is calculated as the sum of all final goods and services produced within its borders. However, if a foreign company produces goods within the country, but the profits are repatriated to its home country, how would this affect the country's GDP?

Answer Options

A. The country's GDP would increase.
B. The country's GDP would decrease.
Correct Answer C. The country's GDP would remain unchanged.
D. The country's GDP would be affected by the repatriated profits.
Correct Answer
C
Correct Option:
The country's GDP would remain unchanged.

About This Question

This is Post Utme Greenfield University 2020 Economics Question 32. It is one of the objective questions from the 2020 Post Utme Greenfield University Economics examination.

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