net factor income from abroad and net export. explain (7 Marks)
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Net factor income from abroad :-lt refers to the difference between factor income earned by our normal residents from rest of the world and factor income earned by normal residents. lt is a part of national income. ... It is a part of domestic income. Net Exports=Exports-Imports.
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Answer:
Net factor income from abroad :-lt refers to the difference between factor income earned by our normal residents from rest of the world and factor income earned by normal residents. lt is a part of national income. ... It is a part of domestic income. Net Exports=Exports-Imports.
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