Question : ________________ is the difference between factor income received from rest of the world and factor paid to rest of the world.
Option 1: Net factor income from abroad
Option 2: Factor income from abroad
Option 3: Factor income to abroad
Option 4: All of the above.
Answer (1)
23rd Jan, 2024
Correct Answer: Net factor income from abroad
Solution :
The difference between factor income obtained abroad by a country's residents and factor income earned on the domestic territory of that country by non-residents is known as net factor income from abroad.
Hence, Option A is correct.
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