Explain the economic value of high component of net export (export –

1.	Explain the economic value of high component of net export (export –Import) in the total expenditure on final goods and services.
Answer» High component of net export in the total expenditure on final goods and services is a sign of higher exports than imports of the domestic Economy. It implies – That the inflow of foreign exchange is greater than the outflow of foreign exchange That the domestically produced goods are able to find markets abroad. So that deficiency of demand no longer remains a hurdle in the growth process. That we are by the large, self-sufficient. Our imports are so limited that we don’t have to depend much on other countries.

Explain the economic value of high component of net export (export –Import) in the total expenditure on final goods and services.

Answer»

High component of net export in the total expenditure on final goods and services is a sign of higher exports than imports of the domestic Economy.

It implies –

That the inflow of foreign exchange is greater than the outflow of foreign exchange
That the domestically produced goods are able to find markets abroad. So that deficiency of demand no longer remains a hurdle in the growth process.
That we are by the large, self-sufficient. Our imports are so limited that we don’t have to depend much on other countries.

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Explain the economic value of high component of net export (export –Import) in the total expenditure on final goods and services.

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