Concept of economic and demostic territory

1.	Concept of economic and demostic territory
Answer» ANSWER: Domestic territory, as used in national accounting, has a special MEANING and is much bigger than the political frontiers of a country. According to United Nation, “Economic territory is the GEOGRAPHICAL territory administered by a government WITHIN which persons, goods and capital circulate freely.”

Answer»

Domestic territory, as used in national accounting, has a special MEANING and is much bigger than the political frontiers of a country. According to United Nation, “Economic territory is the GEOGRAPHICAL territory administered by a government WITHIN which persons, goods and capital circulate freely.”

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Concept of economic and demostic territory

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