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Define domestic territory....

Define domestic territory.

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Domestic territory refers to the geographical territory within which persons, goods and capital circulate freely.
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Briefly discuss the meaning of domestic territory.

Domestic product includes contribution of only resident producers within the domestic territory of the country.

Knowledge Check

  • Which of the following are covered under the domestic territory of India ?

    A
    State Bank of India in London
    B
    Google office in India
    C
    Office of Tata Motors in Australia
    D
    Russian Embassy in India

  • Factor income paid to non-residents withink the domestic territory of a country leads to :

    A
    Increase in Domestic Income
    B
    Decrease in National Income
    C
    Both (a) and (b)
    D
    None of these

  • Japanese Embassy in India is a part of domestic territory of :

    A
    India
    B
    Japan
    C
    Both (a) and (b)
    D
    International Area

    • Similar Questions

    Explore conceptually related problems

    Domestic income of a country includes contribution of only resident producers within the domestic territory of the country. Do you agree with the given statements ?

    The value of all final goods and services produced by the normal residents of a country and their property, whether operating within the domestic territory of the country or outside in a year is termed as

    Define domestic product

    What is meant by domestic territory of a country ?

    Define domestic income OR Define domestic product .

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