Defined to include only imports of final goods

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Q. Should the measure of imports used in the GNP accounts therefore be defined to include only imports of FINAL goods and services from abroad? What about exports?

Q. You have chosen to take a trip during Spring Break. If you had not gone, you would either have worked at a temporary job or studied for exams. The opportunity cost of your trip is

 

Reference no: EM1353218

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Defined to include only imports of final goods : hould the measure of imports used in the GNP accounts therefore be defined to include only imports of FINAL goods and services from abroad. What about export.
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