Sales of Starbucks in the Philippines is counted under the ___ of the Philippines.Select one:a. GDPb. GNPc. Neither GDP nor GNPd. Both GDP and GNP

The sales of Starbucks in the Philippines would be counted under the GDP (Gross Domestic Product) of the Philippines.

Here's why:

a. GDP (Gross Domestic Product) measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time. So, when Starbucks sells a coffee in the Philippines, that value gets added to the Philippines' GDP.

b. GNP (Gross National Product) is the value of all goods and services made by a country's residents and businesses, regardless of production location. GNP counts the investments made by U.S. residents and businesses—both inside and outside the country—and computes the value of all products manufactured by domestic companies, regardless of where they are made. So, if Starbucks is a U.S. company, the sales in the Philippines would not count towards the GNP of the Philippines, but rather the GNP of the U.S.

So, the correct answer is a. GDP.