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22. The monetary value of all goods and services of a country is known as its

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A. NEP.

B. FLN.

C. OPEC.

D. GNP.

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  1. GNP - Gross National Product.


  2. Gross National Product

  3. D, but incomplete definition, should be:

    'The monetary value of all goods and services PRODUCED by a country PER YEAR is known as its GNP.'

    Include those crucial words, or you'll lose marks on a test.

  4. GNP
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