Question

But is domestic territory

Answer 1

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 2

Answer:

Domestic territory is a very important concept in national income accounting. In layman's language, domestic territory means the political frontiers of a country.