Economy, asked by nishthas015, 8 months ago

why are exports included in the estimation of domestic product by the expenditure method can the gross domestic product be greater than the gross national product explain


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Answers

Answered by satyamc1568
0

Here is your answer mate:-

The rationale behind taking net exports in expenditure method of estimation of national income is that domestic residents incur some of their income on foreign goods known as imports, while on the other hand, foreign residents also incur some part of their income on domestic goods known as exports.

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