Imports are considered as a positive item in the estimation of Domestic Income.
True or False with Reasons:
Imports are considered as a positive item in the estimation of Domestic Income.
Anurag Pathak Changed status to publish December 11, 2023
False,
Imports are considered as a negative item in the estimation of domestic income as imports are expenditure on the goods produced abroad and not an item of expenditure on domestically produced goods.
Anurag Pathak Changed status to publish December 11, 2023
