Economy, asked by ramanerohit93, 4 months ago

(b) Tourism is an invisible trade.​

Answers

Answered by khusbuparsad551
5

Answer:

An invisible trade is a business transaction that occurs with no physical exchange of goods. ... In such a case, tourism is an invisible trade. It involves the exchange of services in hotels, restaurants, travel agencies and concerned financial institution.

Explanation:

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Answered by sr3295441
1

Answer:

Tourism is Invisible trade as tourists spend money at their destination thus buy services in hotels, restaurants, etc but their is no transfer of physical objects and many peoples are invisibly connected to the tourism industry.

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