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Will the Following Be Included in the Domestic Product of India? Give Reasons for Your Answer. Profit Earned by Foreign Companies in India - Economics

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Question

Will the following be included in the domestic product of India? Give reasons for your answer.

Profit earned by foreign companies in India

Solution

Profit earned by foreign companies is included in the estimation of domestic income as they are within the domestic territory of the country.

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2016-2017 (March) All India Set 1

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