what do you understand by domestic territory in terms of national income
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Domestic territory: In common language, the domestic territory of a nation means political territory of a nation. In economics, it refers to economic territory which refers to the geographical territory administered by a government within which persons, goods and capital circulate freely.
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domestic territory of a nation means political territory of a nation. In economics, it refers to economic territory which refers to the geographical territory administered by a government within which persons, goods and capital circulate freely.
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