Distinguish between GDP and GNP

GDP	GNP
(i) GDP is the market value of all final goods and services within the national territory during a given period (normally 1 year).	(i) GNP is the total market value of all final goods and services produce in the economy in a given period of time (usually 1 year).
(ii) In measurement of GDP the income and production of foreigner simulative in national territory is not included.	(ii) In measurement of GNP the income and production of foreigner simulative in national territory is included.
(iii) The income of local citizen who are simulative in abroad are not included GDP.	(iii) The income of local citizen who are simulative in abroad are included in GNP.
(iv) It defines its scope according to location.	(iv) It defines its scope according to ownership.
(v) GDP = GNP – (X – M) = GNP - Xn	(v) GNP = C + I + G + (X-M) = C + I + G + Xn
(vi) GDP is comparatively small concept.	(vi) GNP is boarder concept than GDP because GNP includes GDP.
(vii) GDP is regard as a better measurement of total production.	(vii) GNP does not regard as a better measurement of total production.
(viii) If (X – M) < 0 or X < M then GNP < GDP.	(viii) If (c X -  M) > 0 or X > M then GNP > GDP.