Gross domestic product (GDP) includes the value of output produced within a nation even if that output is produced by a foreign-owned company.

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) measures the production of goods and services within a country's borders, regardless of whether the companies producing those goods and services are owned by domestic or foreign entities. Therefore, even if a foreign-owned company produces output within a country's borders, it is still included in that country's GDP.

Gross Domestic Product (GDP) Includes the Value of Output Produced