Answered: The visit of foreigners in India to see…

The visit of foreigners in India to see the various places/events in the country, amounts to which of the following in terms of economy: (a) Production (b) Consumption (c) Import (d) Export

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter18: Gaining From International Trade

Section: Chapter Questions

Problem 1CQ

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Question

The visit of foreigners in India to see
the various places/events
in
the
country, amounts to which of the
following in terms of economy:
(a) Production
(b) Consumption
(c) Import
(d) Export

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