2006-06-10 05:21:51 · 3 answers · asked by vsaeee 1 in Politics & Government ➔ Law & Ethics
The currency value of a country is estimated due to that country's gold reserves ( Who was created by US after the ending of World War II ).
Sorry, I cannot answer your second question since I don't know the answer.
2006-06-10 05:32:42 · answer #1 · answered by Ya no estoy en Y!R por Facebook! 6 · 0⤊ 0⤋
The Difference between GDP and GNP
Gross National Product (GNP) measures the final value of output or expenditure by UK owned factors of production whether they are located in the UK or overseas. GDP is only concerned with incomes generated within the geographical boundaries of the country. So output produced by Nissan in the UK counts towards our GDP but some of the profits made by Nissan here are sent back to Japan - adding to their GNP.
2006-06-10 12:27:55 · answer #2 · answered by kellie_michelle_adams 2 · 0⤊ 0⤋
The first question is very complicated. Check this out:
http://en.wikipedia.org/wiki/Exchange_rate_regime
As for the second question, GDP means gross domestic product:
http://en.wikipedia.org/wiki/Gdp
and GNP means gross national product:
http://en.wikipedia.org/wiki/GNP
2006-06-10 12:24:24 · answer #3 · answered by Katy 3 · 0⤊ 0⤋