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Gross National Product at market prices is defined as
the market value of all final goods and services production in an economy
the market value of all final goods and services produced in an economy plus indirect taxes
the market value of all final goods and services produced in an economy plus indirect taxes minus subsidies
GNP at market price is defined as “the market value of all the final goods and services produced in the domestic territory of a country by normal residents during an accounting year including net factor income from abroad.
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