Economy, asked by Anonymous, 11 months ago

compare the indian economy and economy of china with regards to 1. national income 2. share in total worlds exports 3. attracting funds from foreign countries. 4. poverty

Answers

Answered by mehul1045
2
Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) termsBudget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits.Debt > Government debt > Public debt, share of GDP: Public debt as % of GDP (CIA).

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Overview: This entry briefly describes the type of economy, including the degree of market orientation, the level of economic development, the most important natural resources, and the unique areas of specialization. It also characterizes major economic events and policy changes in the most recent 12 months and may include a statement about one or two key future macroeconomic trends.Exports: This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Answered by Anonymous
0

Answer:

Budget > Revenues: Revenues calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) termsBudget surplus > + or deficit > -: This entry records the difference between national government revenues and expenditures, expressed as a percent of GDP. A positive (+) number indicates that revenu

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