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What is the difference between net …

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What is the difference between net factor income from abroad and net exports?

Posted by Manjot Singh 4 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Yogita Ingle 4 years, 9 months ago

1) Net exports refers to the difference between exports and imports. While net factor income from abroad is the difference between factor income from abroad and factor income to abroad.
2) Net exports is a domestic concept while NFIA is a national concept.
3) Net exports includes non- factor services while NFIA includes only factor services

8Thank You

ANSWER

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