What term describes the total value of all goods and services produced within a country in one year, combined with additional income sources such as foreign exchange earnings, foreign aid, remittances from abroad, and loans?
Explanation
Gross National Product (GNP) includes the total value of goods and services produced domestically during a year plus income received from abroad, such as foreign aid, remittances, and loans, distinguishing it from GDP which only accounts for domestic production.