Q. 28 B5.0( 2 Votes )

How will you trea

Answer :

a) Profits earned by branches of country’s bank in other countries - It is not included in estimating the domestic product of a country because the profits are earned beyond the domestic territory of the country.


b) Gifts given by an employer to his employees on Independence Day - It is not included in estimating the domestic product of a country because it is a transfer payment.


c) Purchase of goods by foreign tourists - It will be included in estimating the domestic product of a country because the goods are produced and sold within the domestic territory of the country.


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