Question

Distinguish between the following briefly :
(i) Invisible and visible exports
(ii) Sustainable tourism and eco-tourism

Answer 1

Answer:

The difference between visible exports and visible imports is known as Balance of Trade (BOT). Invisible goods are not recorded at ports and are not seen crossing the borders. Invisible trade involves the import and export of services rather than goods. ... Visible goods are those goods which are visible to our eyes.