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प्रश्न
Distinguish between net export and net factor income from abroad.
Distinguish between Net Factor Income from Abroad (NFIA) and Net Exports (X − M).
उत्तर
| Sr. No. | Net export | Net factor income from abroad (NFIA) |
| 1. | The difference between a nation's total imports (M) and exports (X) is known as net exports. | The difference between foreign residents' income and their income is known as the NFIA. |
| 2. | Net exports = X − M. | NFIA = Factor Income from Abroad – Factor Income Paid to Abroad. |
| 3. | Includes internationally traded goods and services. | Includes foreign profits, rent, interest, and wages. |
| 4. | It calculates the GDP contribution of international trade. | GDP is converted into GNP (Gross National Product) with its support. |
| 5. | Related to the exchange of goods and services. | Related to transactions involving income from the factors of production. |
| 6. | Indicates if a nation has a trade deficit or surplus. | Displays the income coming in or going out as a result of factor services. |
Notes
Students should refer to the answer according to their preferred marks.
संबंधित प्रश्न
Suppose the GDP at market price of a country in a particular year was Rs 1,100 crores. Net Factor Income from Abroad was Rs 100 crores. The value of Indirect taxes − Subsidies was Rs 150 crores and National Income was Rs 850 crores. Calculate the aggregate value of depreciation.
Net National Product at Factor Cost of a particular country in a year is Rs 1,900 crores. There are no interest payments made by the households to the firms/government, or by the firms/government to the households. The Personal Disposable Income of the households is Rs 1,200 crores. The personal income taxes paid by them is Rs 600 crores and the value of retained earnings of the firms and government is valued at Rs 200 crores. What is the value of transfer payments made by the government and firms to the households?
An example of transfer payments is:
Which of the following is an example of Transfer Income?
If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
The relationship between money supply and price level under Quantity theory of money is ______.
The subject of the Study of Macro Economics is:
Macro Economics Studies:
Employment Theory is related to:
Which one is included in National Income?
State the meaning of retained earning.
Distinguish between Factor Income and Transfer Income.
State the meaning of 'normal resident' of a country.
