Question

Differentiate between the concepts of demand for ‘domestic goods and services’ and ‘domestic demand for goods and services’.

Answer 1

S. No.	Demand for Domestic Goods and Services	Domestic Demand for Goods and Services
1.	The demand for goods and services that are produced within the boundaries of a nation	The demand for goods and services in the domestic market is irrespective of their place of production.
2.	It relates to the goods and services generally exported.	It relates to the goods and services generally imported.
3.	It increases the export of domestic goods.	It increases the imports of foreign goods.