A country’s gross national product (GNP) will be higher than gross domestic product (GDP) if:

A country’s gross national product (GNP) will be higher than gross domestic product (GDP) if:
A . indirect taxes are greater than government subsidies
B . there is a net inflow of factor payments on the balance of payments
C . the country’s imports are greater than its exports
D . government tax income is greater than government expenditure

View Answer

Answer: B