Why Would the Opening of a New Canadian-Owned Factory in Egypt

question 68

Multiple Choice

Why would the opening of a new Canadian-owned factory in Egypt tend to increase Egypt's GDP more than it increases Egypt's GNP?

• A) Some of the income from the factory accrues to people who live in Egypt.
• B) GDP is income earned by residents only, whereas GNP is income earned by residents and non-residents.
• C) All of the income from the factory is included in Egypt's GDP, but not all is included in GNP.
• D) Foreign direct investment is part of GDP, but it is not part of GNP.

Identify specific sales objection categories including price, source, and no-need objections.

Learn methods for handling objections, including the boomerang method, direct and indirect denial, and compensation method.

Articulate how to handle objections through exemplary responses to common objections.

Distinguish between practical and psychological objections.

---

Definitions:

Credit Counseling

A service that assists individuals in managing their debt through financial education, budgeting, and the use of debt management plans.

Bankruptcy Petition

A legal document filed by an individual or corporate entity declaring the inability to repay outstanding debts.

Nonprofit

Organizations that operate for collective, public, or social benefit, without the goal of making profits for owners or investors.

Bankruptcy Estate

The assets and properties of an individual or entity undergoing bankruptcy, encompassing both tangible and intangible possessions.