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The Gross Domestic Product (GDP) is defined by OECD as an aggregate measure of production that is equal to the sum of the gross values added of all resident institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs).
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"The challenge is, how do we increase the value added of the grapes," she said.
Here the West maintains a continuing advantage, because China receives only about 50 percent of the "value added" of its exports.
FELIX SALMON has been following an intriguing debate about the value added of innovations in certain industries.
The difference between the value added of $40 without tariff protection and that of $54 with it provides a margin of $14.
Henry Morris III, the chief executive of the Institute for Creation Research, said Tuesday that the proposed curriculum, taught in California, used faculty and textbooks "from all the top schools" along with, he said, the "value added" of challenges to standard teachings of evolution.
Perhaps a practical way forward is to confront the real question: what's the value added of INGOs and what do they need to devolve to others, and to let go of?
✓ Value added of all economic sectors (total value added): VAT [103 × BIRR].
Figure 3 Municipal value added of wind energy plants (onshore) over a period of 20 years.
Figure 2 Municipal value added of wind energy plants (onshore), singular and annual effects in 2011.
GDP is determined as the value added of agriculture, industrial and services sector.
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CEO of Professional Science Editing for Scientists @ prosciediting.com