Question

what is meant by centre of interest in normal residents
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Answer 1

Answer:

Normal resident

Normal resident is said to be one who ordinarily resides in the country concerned and whose center of economic interest lies in that country. A person is said to have his economic interest in a country when he conducts his economic transactions in that country on a significant scale

Answer 2

Answer:

Normal resident is said to be one who ordinary resides in a country concerned, and whose centre of economic interest lies in that country.

Explanation:

A person is said to have his economic interest in country when he conduct his economic transaction in that country on the significant scale.

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