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Explain briefly the term " residents …

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Explain briefly the term " residents of a country ".

Posted by Sahil Soni 3 years, 5 months ago

CBSE > Class 12 > Economics

2 answers

Sia ? 3 years, 5 months ago

A resident is said to be a person (or institution) who ordinarily resides in a country and whose centre of economic interest lies in that country. He is called a normal resident since he normally lives in the country of his economic interest.

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Vaishnavi Shukla 3 years, 5 months ago

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