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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1609 |
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To convert from GDP to GNP you must add factor input payments to foreigners that correspond to goods and services produced in the domestic country using the factor inputs supplied by foreigners.
GDP is a better measure of the state of production in the short term. GNP is better when analysing sources and uses of income...
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GNP is better when analysing sources and uses of income.
Exports
In economics, an export is any good or commodity, shipped or otherwise transported out of a country, province, town to another part of the world, typically for use in trade or sale. Export products or services are provided to foreign consumers by domestic producers...
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General points of the essay
Shames, "The More Factor”
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will consumers pay more for ethically produced goods
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