2 ms·
GDP measures (traded) production. If you produce $2tn of tanks, in tanks, then by definition that production is part of your GDP. Now if China sold you $1tn in
by tedsanders 9y ago
GDP measures (traded) production. If you produce $2tn of tanks, in tanks, then by definition that production is part of your GDP. Now if China sold you $1tn in tank parts in exchange for future payments, then sure, that $1tn will be part of China's GDP.