When a country's net income from abroad is added to its total output, the result is
Answer Details
When a country's net income from abroad is added to its total output, the result is the Gross National Product (GNP). GNP is a measure of the total economic output of a country's citizens, including its production and income from foreign investments. It is calculated by adding the value of all goods and services produced by a country's residents, regardless of their location, and adding any income earned by residents from foreign sources. Essentially, GNP is a measure of the total economic activity of a country's citizens, regardless of where that activity takes place.