In the equation GNP = GDP + X - M, what does 'X' represent?

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Economics · Indian Economy

In the equation GNP = GDP + X - M, what does 'X' represent?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Income earned by domestic residents abroad

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Answer 1

Gross Domestic Product

Answer 2

Per Capita Income

Answer 3

Income earned by domestic residents abroad

Answer 4

Income earned by foreigners in the country

In the equation GNP = GDP + X - M, what does 'X' represent?

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