Question 8
MediumOriginal questionWhich of these is included in India's NFIA as income from abroad?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
A resident's wage earned abroad is factor income from abroad.
The Japanese factory's profit flows out; a gift is a transfer; rice exports are trade, not factor income.
- Concept
- Factor income from abroad
- Typical timeTypical
- 70 s
- Your timeYours
- —
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