What is the formula to calculate net factor income from abroad
dear student
Net factor income to abroad is the excess of the amount paid to foreign nations in return of goods & services availed from them​ over the amount received from foreign nations for goods & services provided to them.
In short,
Net factor income to abroad = factor income to abroad - factor income from abroad
Or
Net factor income from abroad = -(Net factor income to abroad)
regards
Net factor income to abroad is the excess of the amount paid to foreign nations in return of goods & services availed from them​ over the amount received from foreign nations for goods & services provided to them.
In short,
Net factor income to abroad = factor income to abroad - factor income from abroad
Or
Net factor income from abroad = -(Net factor income to abroad)
regards