Question

tourism is a type of invisible trade true or false​

Answer 1

Answer:

Yes, the statement is correct. 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.

Answer 2

Answer:

true

Explanation:

Generally, trade refers to the exchange of goods and money among the countries which affect their economy. In tourism, tourists spend money on hotels, restaurants, buying local handicrafts. These expenditures are invisible as they directly do not reach the government