+91-8076753736 [email protected]

-->

Non-Competitive Markets

Question

Wired Faculty App

Why are exports treated as a part of domestic product?

Solution

Solution not provided.

Tips: -

Hint. Because exported goods and services are a part of domestic output for production of which domestic resources have been used.

Some More Questions From Non-Competitive Markets Chapter

Giving reasons categorise the following into intermediate products and final products:
(i) Furniture purchased by a school
(ii) Chalks, dusters purchased by a school.

Consumption Goods and Capital Goods

Flow and Stock Concepts

Giving reasons categorise the following into stocks and flows:
(i) Losses (ii) Capital (iii) Production (iv) Wealth.

Gross Investment and Net Investment

Domestic (Economic) Territory

National Income at Current and Constant Prices (Nominal and Real NI)

Consumption of Fixed Capital (Depreciation)

Factor Cost vs. Market Price (or Net Indirect Taxes)

Net Factor Income from Abroad (NFIA)

Mock Test Series

Mock Test Series

NCERT Sample Papers

Entrance Exams Preparation