Suppose that an Italian working in the United States renounces his Italian citizenship and is granted U.S. citizenship. Which of the following will happen?
A. Italian GDP will fall; U.S. GNP will rise.
B. Italian GNP will fall; U.S. GNP will rise.
C. Italian GDP will fall; U.S. GDP will rise.
D. Italian GNP will fall; U.S. GDP will rise.
Ans: B. Italian GNP will fall; U.S. GNP will rise.
Economics
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