Economy, asked by arpitachoudhary2332, 10 months ago

What is meant by factor income to abroad? State its componente?

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Answered by simran7539
0

Answer:

Factor income to abroad refers to the factor income paid to the normal residents of other countries (i.e. non-residents) for their factor services within the economic territory. Components of factor income to abroad: (i) Compensation of employees paid to the non-resident workers working within the economic territory.

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