Post Utme Skyline University 2017 Economics Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 2 POST_UTME_SKYLINE_UNIVERSITY • 2017 • 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, should these goods be included in the country's GDP?

Answer Options

Correct Answer A. Yes, because the goods are produced within the country's borders.
B. No, because the goods are produced by a foreign company.
C. Yes, because the goods are sold within the country's borders.
D. No, because the goods are not produced by the country's citizens.
Correct Answer
A
Correct Option:
Yes, because the goods are produced within the country's borders.

About This Question

This is Post Utme Skyline University 2017 Economics Question 2. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

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