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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.
An example of transfer payments is:
If factor income received from abroad is equal to factor income paid abroad, then which of the following is not a valid statement?
Factor income of household sector is equal to ______.
The tendency of the people to believe the currency of nominal value at present to be equal to purchasing power at a previous point is called ______.
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?
Which one is included in National Income?
State the meaning of retained earning.
Export are not a part of 'Net Factor Income from abroad'. Elaborate the reason behind the given statement.
Distinguish between Factor Income and Transfer Income.
State the meaning of 'normal resident' of a country.
