Question

Export receipts are not a part of net factor income from abroad .why?​

Answer 1

Explanation:

since exported goods and services are produced in domestic territory of a country, therefore, export of goods and services is a part of gross domestic product (GDP). Export receipts are not 'net factor income from abroad' as they are revenue of the firms from sale of their products.

Answer 2

Answer:

Explanation:

Export receipts are not a part of net factor income from abroad because exported goods and services are produced in domestic territory of a country. Therefore, export of goods and services is a part of gross domestic product (GDP). Export receipts are not 'net factor income from abroad' as they are revenue of the firms for sale of their products.

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