Question

what is invisible trade​

Answer 1

Answer:

Invisible trade refers to an international transaction which does not involve tangible goods, but services, such as consultancy services, insurance, banking, intellectual property, international tourism, etc. In other words, it is the import and export of services between countries

Answer 2

Explanation:

Invisible trade basically refers to the trading of services. In other words, as services are intangible and cannot be touched or seen, the trade in services is also known as invisible trade. This trade includes services such as travel and tourism, communication and intellectual property rights.