+3 votes
in Class 12 by kratos

Give the meaning of factor income to abroad and factor income from abroad. Also give an example of each.

1 Answer

+3 votes
by kratos
 
Best answer

| Factor Income from abroad | Factor income to abroad |
| Income earned by all the residents of a country from rest of the world in the form of rent, interest, wages & profits. | Income remitted by all the non residents living in the country to rest of the world in the form of rent, interest, wages & profits, |
| Salaries of Indian employees working in the US embassy located in India. | Salaries of an **** working at Indian embassy located in USA. |

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