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inna [77]
3 years ago
13

How can the amount of resources in a country can impact its gross domestic product

Social Studies
2 answers:
tester [92]3 years ago
8 0

Answer:The GDP of a country tends to increase when the total value of goods and ... held constant from year to year in order to separate out the impact

Explanation:

victus00 [196]3 years ago
4 0

Answer:

Gross domestic product (GDP)measures the total output of an entire economy by adding up total consumption, investment, government expenditure, and net exports. GDP is therefore considered a quality approximation of income for an entire economy in a given period.

Per capita GDP is calculated by dividing total GDP by a country's population, and this figure is frequently cited when assessing the standard of living. There are a number of adjustments to GDP used by economists to improve the explanatory power of the statistic, and economists have also developed a number of alternative metrics to measure the standard of living.

Explanation:

Hope this helps have a great day!

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The correct option is (A) Joint ventures.

Joint ventures is/are often a political necessity because of nationalism and government restrictions on foreign ownership.

<h3>What is joint venture?</h3>

A joint venture is a business that was started by two or more persons and is often characterised by shared control, ownership, and returns. The following types are among them:

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For instance, in order to pool their US assets for the distribution of their beer brands in the US and Puerto Rico, two brewing and beverage companies, SABMiller and Molson Coors, launched a horizontal joint venture in 2007.

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