Assertion (A): Exports are included in the output of an economy
Assertion (A): Exports are included in the output of an economy.
Reason (R): Exported goods are produced within the domestic territory of the country.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation of Assertion (A).
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
Ans – (a)
Explanation:-
Exports are included in the output of an economy as these are produced within the domestic territory of the country. Thus assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).