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Q: What gross product includes the goods and services produced by purchases from foreign firms?
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What includes the services produced by purchases from foreign firms?

gross national product


Which product includes goods and services produced by and purchased from foreign firms?

Gross National Product


How does Mexico answer the three economic questions?

What goods and services should be produced - export goods, as Mexico has an export-oriented economy. How should the goods and services be produced - Using foreign investment whenever possible; for internal consumption internal investment can be used. For whom should the goods and services be produced - international markets.


What is the smallest component of the GDP?

The smallest component of GDP is net exports. The value of imports, the purchases by United States citizens of foreign-produced goods, is subtracted from the value of exports.


How foreign exchange improves national income?

as national income is the sum of goods and services produced within a country and income from abroad. hence increase in foreign exchange will increase the national income.


What is domestic export?

Export of locally produced goods and services, including those of foreign origin that have been substantially changed through local processing.


What is the best site for foreign language education?

There are 18 best sites for foreign languages: BBC Languages, LiveMocha, Babbel, Foreign Services Institute, and a lot of other languages websites includes Chinese, German, Italian.


What is foreign demand?

It is the foreign demand for domestic goods and services.


What is Forex Services?

forex is Foreign Exchange (buying and selling of foreign currency)


Which component of GDP would you classify the product or service you named?

Components of Gross Domestic Product according to alpari.com/en/beginner/glossary 1- Private Consumption Expenditure (C): These are classified into consumer durables, semi-durables, non-durables and services 2- Investment Expenditure (I): Includes building of machinery housing construction, construction of factories and offices and additions to a firm's inventories of goods. 3- Government Purchases of Goods and Services (G): It includes (i) purchase of intermediate goods and (ii) wages and salaries paid by the government. All government purchases are a proxy measure for government output. 4- Net Exports (X - M): It shows the difference between domestic spending on foreign goods (i.e., imports) and foreign spending on domestic goods (i.e., exports). To sum up, GDP = C + I + G + (X-M).


What foreign country produced the most major league baseball players?

The Dominican Republic has produced 486 MLB players, by tfar the msot of any foreign country.


When a US flag carrier purchases seats on a foreign flag carrier and sells them as its own it is known as?

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