When gross domestic product (GDP) is adjusted by adding any income earned abroad by U.S. firms or residents which is sent back to the United States and by subtracting any income earned in the United States by non-U.S

corporations or foreign nationals which is sent back to their home countries, it is called
A) depreciation. B) international GDP.
C) subsidized income. D) gross national product (GNP).

D

Economics

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Corporations are legally owned by their shareholders

Indicate whether the statement is true or false

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What is an export subsidy? Discuss some of the recent examples where such subsidies were controversial.

What will be an ideal response?

Economics