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Gross domestic product (GDP) |
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Gross domestic product (GDP)The market value of goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas.Gross domestic product (GDP) Similar MatchesDomestic tradeDomestic tradeCommerce within a country; wholesale and retail trade. Net domestic productNet domestic productGross domestic product minus depreciation. This is the most complete measure of productive activity within the borders of a country, though its accuracy suffers from the difficulty of measuring depreciation. Domestic creditDomestic creditCredit extended by a country's central bank to domestic borrowers, including the government and commercial banks. In the United States, the largest component by far is the Fed's holdings of U.S. government bonds, but it also makes some short-term loans to banks to use as their reserves. Domestic distortions argument for protectionDomestic distortions argument for protectionSee second best argument. Domestic marketDomestic marketThe market within a country's own borders. Dumping, for example, may be defined by comparing the price charged for export with the price charged on the domestic market, i.e., to buyers within the exporting country. Further SuggestionsDomestic corporationDomestic bonds Domestic resource cost gross domestic product Domestic support Domestic content protection Domestic International Sales Corporation Domestic Domestic International Sales Corporation (DISC) Qualified Domestic Relations Order (QDRO) Domestic series Gross domestic product Domestic content requirement Domestic law |
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