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How Will You Treat the Following While Estimating Domestic Product of a Country? Give Reasons for Your Answer: Purchase of Goods by Foreign Tourists - Economics

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Question

How will you treat the following while estimating domestic product of a country? Give reasons for your answer:

Purchase of goods by foreign tourists

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Solution

Purchase of goods by foreign tourists is included in the estimation of domestic income because they are exports and part of domestic income

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Gross and Net Domestic Product at Market Price
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2016-2017 (March) Delhi Set 1
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