The Gross Domestic Product and Gross National Product are measurements of the value of the total worth of a nation. Domestic product calculates based on the physical borders of the country, whereas the National product calculates based on its citizens… Full Answer
Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.
Gross domestic product (GDP) refers to the market value of all officially recognized final goods and services produced within a country in a given period. GDP per capita is often considered an indicator of a country's standard of living; GDP… Full Answer
Gross domestic product (PPP, in US dollars, per capita) of Romania: approx. 9 300. Gross domestic product (PPP, in US dollars, per capita) of Iran: approx. 8 000. But Iran is a much larger and rich country.
The English translation of the Filipino words " Ano ang Gross Domestic Product" is 'What is Gross Domestic Product' which refers to the total value of goods and services produced in a country in a span of one year.