Advertisements
Advertisements
प्रश्न
Answer the following question.
Define net exports. How is it different from the net factor income from abroad?
Advertisements
उत्तर
Net exports refer to the difference between the total exports and total imports of a country during an accounting year.
Net Exports = (Value of Exports – Value of Imports)
NFIA serves as the basis of the distinction between the National Income and the Domestic Income.
National Income = Domestic Income + NFIA
i.e. NNPFC = NDPFC + NFIA
Net Exports is equal to the value of exports minus value of imports whereas NFIA is equal to Factor Income Earned from Foreign minus Factor Income Paid to the Foreigners.
APPEARS IN
संबंधित प्रश्न
Government insure expenditure to popularize yoga among the masses. Analyses its impact on gross domestic product and welfare of the people.
Which of the following is the method of measuring National Income?
Which one is included in the four-sector model?
______ measures the excess of import expenditure over the export revenue of a country.
Which of the following is excluded while calculating National Income as per the expenditure method?
State whether the following items will be included in the estimation of National Income or not: Give a reason for your answer.
Government expenditure on street lighting.
Explain the different components of Final Expenditure in calculating the National income by Expenditure method.
Why are intermediate expenditures excluded under the Expenditure Method?
What does \(I\) represent in the GDPMP formula?
Which expression represents Net Exports?
In the direct formula for National Income, what does \(R-P\) represent?
Which of the following is a service included in Private Final Consumption Expenditure?
Which expression represents Change in Inventories?
In the second step of the Expenditure Method, expenditure is classified into:
What is added to \(NDP_{FC}\) to obtain National Income \((NNP_{FC})\)?
Which of the following is excluded from the Expenditure Method?
Why are purchases and sales of financial assets excluded?
Which adjustment is required for Net Indirect Taxes?
Which expenditure component presents valuation difficulties?
