Definition: GDP is Gross domestic product. For a region, the GDP is "the market value of
all the goods and services producted by labor and property located in"
the region, usually a country. It equals GNP minus the net inflow of
labor and property incomes from abroad.
None
A key example helps. A Japanese-owned automobile factory in the US counts in US GDP but in Japanese GNP. (Econterms)
Terms related to GDP / Gross Domestic Product:
About.Com Resources on GDP / Gross Domestic Product:None
Writing a Term Paper? Here are a few starting points for research on GDP / Gross Domestic Product:
Books on GDP / Gross Domestic Product:
None
Journal Articles on GDP / Gross Domestic Product:
None
