Question

differentiate between concept of demand for domestic goods and services and domestic demand for goods and services​

Answer 1

Answer:

see the attachment

pls Mark me to brainliest

Answer 2

Demand for domestic goods and services:The total or overall demand for goods and services produced by a particular economy or country including the demand within the country and by international or foreign countries as well.

Domestic demand for goods and services:The overall demand for goods and services produced by a country or an economy only within that particular country.

Explanation:

The domestic demand for goods and services refers to the total or overall quantity of domestic goods and services demanded by both the domestic consumers as well as the importers or buyers in the international or foreign countries.Therefore,this concept includes both the domestic demand in the economy as well as international demand for goods and services exchanged through international trade in the international market.

On the other hand,domestic demand for goods and services implies the total demand for goods and services only the domestic buyers and consumers within the country or economy.It deducts the international or foreign demand for domestic goods and services and only accounts for the domestic demand which is confined within the country or economy itself.