​GDP and GNP Are Identical When

question 98

Multiple Choice

​GDP and GNP are identical when

• A)exports and imports exactly balance.
• B)​all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers.
• C)​production by domestic producers in other countries is greater than production by foreign producers domestically.
• D)​there are no taxes.

---

Definitions:

Topography

The arrangement of natural and artificial physical features of an area, including its relief, and the positions of streams, hills, and valleys.

Recent Earthquakes

Earthquakes that have occurred in the near past, often recorded and analyzed for seismic activity and patterns.

Streams

Bodies of water that flow over the land in channels, often fed by rainfall or snowmelt and emptying into bigger water bodies such as rivers or lakes.

Mine Dump

A pile or heap of waste material generated from the mining process, often containing rock, soil, and discarded ore.