identify which of the following is example of visible item under current account of the balance of payment transaction a) air and seas. transport b) postal and courier service c) education related travel d) merchandise linked devices
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YAY
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Merchandise linked devices can be said as one of the visible item under current account of the balance of payment transaction.
- Visible items as per balance of payment include the items which can be seen while crossing the borders.
- In simple terms the visible items deal with the export and import trades.
- Here, the merchandise linked devices only showcase the property of export and import trade.
- The other options are the invisible items as they are traded for their services.
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