Post Utme Osustech 2024 Economics Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Osustech Economics examination.

Post Utme Osustech 2024 Economics Objective / Multiple Choice
Question 17 POST_UTME_OSUSTECH • 2024 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Osustech 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Osustech Economics examination.

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