Trade in services includes which of the following ?
(a) Computer Hardware
(c) Insurance
(b) Textiles
(d) Aerospace
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insurance is the correct answer ....
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Option(c)-Insurance
- Service Trade - It is an invisible or intangible trade that includes tourism, research, etc.
- Trade-in services in wider term help to grow a countries economy, for example, Dubai earns more than 200 million from its tourism which helps them to grow and invest more in this sector.
- Insurance is a part of financial services and also intangible in nature, so it will be included in the trade of services.
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