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

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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 American working at Indian embassy located in USA.

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