No products in the cart.

What is the Difference between domestic …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What is the Difference between domestic territory and normal resident?
  • 2 answers

Gaurav Seth 6 years, 7 months ago

Domestic territory is the geographical territory administered by a govt. within which persons, goods and capital circulate freely. Domestic territory is also called economic territory. It refers to the political frontiers of a country.

International organisations which are physically located within geographical boundaries of a country are not a part of domestic territory since their offices form part of the international territory.

Normal resident of a country refers to an individual or an institution who ordinarily resides in the country and whose centre of economic interest also lies in that country.

Nishika Arora 6 years, 7 months ago

domestic terrotory refers to that economic areas or boundaries where our people goods and services operate or move freely and normal residents refers to that persons who are residing in that country for more than 1 year and whose economic interest lies in that country.
https://examin8.com Test

Related Questions

What is deficit ?
  • 1 answers
Economics project on function of RBI
  • 0 answers
Economic Reforms Since 1991 notes
  • 0 answers
Two types of marke diagram and explanation
  • 0 answers
Trends in credit availability
  • 0 answers
What is receipt?
  • 0 answers
Explain the limitation of GDP as wellfare
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App