Profits Earned in the United States by Foreign-Owned Companies Are

question 239

Multiple Choice

Profits earned in the United States by foreign-owned companies are included in

• A) the U.S. GDP but not GNP.
• B) neither the U.S. GDP nor GNP.
• C) the U.S. GNP but not GDP.
• D) both the U.S. GDP and GNP.

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Definitions:

Globalization

The method through which companies or various organizations gain international impact or begin to function globally.

Less Developed Countries

Nations with low levels of economic resources, industrial base, and development.

Working Conditions

The environment, terms, and circumstances under which an individual is employed, including aspects like hours, safety, and physical demands.

Capitalist Economy

An economic system characterized by private or corporate ownership of capital goods, and the production for profit and accumulation of wealth.