[lbo-talk] Irish economy

SA s11131978 at gmail.com
Tue Mar 16 16:50:07 PDT 2010


SA wrote:


> Their profits go into GDP but not GNP, if I'm not mistaken, and
> presumably show up in the export column, since they derive from
> non-Irish purchases.

Scratch that. Their profits from overseas affiliates are counted in GNP, not GDP, as income receipts from abroad. So they would show up in a current account measure but not in a trade balance measure.

SA



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