Gross National Product, or GNP, represents the total value of goods and services produced by a country in a given year, as well as the net income from investments made by individuals or businesses outside of the country. Essentially, it reflects the overall economic performance and productivity of a nation. Understanding GNP is essential in analyzing the economic growth and development of a country, as well as its global standing and potential for investment opportunities. So, it's safe to say that GNP plays a crucial role in shaping our understanding of a country's financial health.
