Post Utme Unn 2021 Economics Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Unn Economics examination.

Post Utme Unn 2021 Economics Objective / Multiple Choice
Question 2 POST_UTME_UNN • 2021 • 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-owned firm operating in the country produces goods for export, 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 for export.
C. Yes, because the goods are part of the country's production.
D. No, because the goods are not part of the country's consumption.
Correct Answer
A
Correct Option:
Yes, because the goods are produced within the country's borders.

About This Question

This is Post Utme Unn 2021 Economics Question 2. It is one of the objective questions from the 2021 Post Utme Unn Economics examination.

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