The Net Factor income from abroad included in GNP consists of 1 Trade Balance 2...........

Economic Affairs Growth and Indicators

Download Solution PDF

The Net Factor income from abroad included in GNP consists of

1. Trade Balance

2. Interest of External loans

3. Private remittances

4. Foreign aid

1 only

1,2,3

1,2,4

1,2,3,4

छोटे Courses बड़े Results

Master Growth and Indicators

Prepare through Micro-courses

Try Now

Explanation:

Net foreign factor income (NFFI) is the difference between the aggregate amount that a country’s citizens and companies earn abroad, and the aggregate amount that foreign citizens and overseas companies earn in that country. In mathematical terms, NFFI = GNP - GDP.