Suppose that there are only two small countries in the world: ascot, with a population of 37 comma 500 people, and delwich, with a population of 25 comma 000 people. ascot's gdp is equal to $160 million while delwich's gdp is $256 million. delwich's gnp has been estimated to be equal to $276 million. the revenue earned by firms that operate in delwich but are headquartered in ascot is equal to $40 million.
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