What is meant by retained earnings of resident countries located abroad?
Dear student,
It must be noted that some of the organisations / institutions that are normal residents of a country might be located abroad. Similar to the companies located within the domestic territory they may also have retained earnings. Retained earnings of the domestic companies located abroad refers to the retained earnings of all such companies.
It must be noted that some of the organisations / institutions that are normal residents of a country might be located abroad. Similar to the companies located within the domestic territory they may also have retained earnings. Retained earnings of the domestic companies located abroad refers to the retained earnings of all such companies.