Tata rented its building to Google in America. Will it be counted as a domestic territory of India? Why?
Dear student,
The following points must be remembered with regard to domestic territory:
It includes the political frontiers of the country.
Embassies, consulates and military bases of the country that are located abroad
Ships, aircrafts operated between different countries.
Fishing vessels, oil and natural gas rigs operated by residents in international waters.
In simple language, domestic territory means the political boundary of a country,Though in national income accounting the term domestic territory is used in wider sense.
Building rented by tata to Google in America will not be counted as a domestic territory of India because it is located in a foreign country and not in India itself.
Regards,
The following points must be remembered with regard to domestic territory:
It includes the political frontiers of the country.
Embassies, consulates and military bases of the country that are located abroad
Ships, aircrafts operated between different countries.
Fishing vessels, oil and natural gas rigs operated by residents in international waters.
In simple language, domestic territory means the political boundary of a country,Though in national income accounting the term domestic territory is used in wider sense.
Building rented by tata to Google in America will not be counted as a domestic territory of India because it is located in a foreign country and not in India itself.
Regards,
