Economics WAEC

The GDP of Nigeria will be greater than her GNP if?

A. the value of goods and services to Nigeria is greater than the value of those from Nigeria
B. consumption is greater than investment
C. government expenditures are greater than the foreign aid received
D. the value of goods and services produced by Nigeria businesses abroad is greater than that of foreign businesses in Nigeria

Correct Answer:

Option D – the value of goods and services produced by Nigeria businesses abroad is greater than that of foreign businesses in Nigeria

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