Economy, asked by sharwarinarvekar812, 3 months ago

What is invisible trade ?
Answer in one sentence​


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Answers

Answered by nakshaya0812
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.

Answered by barbiegirl914
6

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. ... A country's invisible trade needs to be accounted for while calculating the total balance of trade.

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