Visible and Invisible Trade

Q. Srushti bought sugar from a grocery shop.

Identify the type of trade.

1. Invisible trade
2. Visible trade
3. Wholesale trade
4. International trade

Q. Info Technology Limited, a data management company, has its headquater in India. It provides services to more than 30 companies around the world. In addition, it sells personal computers to the people of India.

Identify the type of trade Info Data Limited is involved in.

1. Visible trade, wholesale trade, retail trade, and international trade
2. Visible trade, invisible trade, wholesale trade, and international trade
3. Visible trade, invisible trade, domestic trade, and international trade
4. Visible trade, wholesale trade, international trade, and domestic trade

Q. Identify the activities related to invisible trade.

1. Food delivery
2. Hair cutting
3. Buying books
4. Customer service
5. Consultancy
6. Bus transport
7. Shipping service
8. Buying tickets

Q. Mr. Amit buys cotton in huge quantities from farmers and manufactures cloth out of it. He then sells the cloth to tailors who make garments according to customers' needs.
For all this, Mr. Amit uses a software that helps him monitor all his transactions.

Which of the following is true about Mr. Amit?

1. Mr. Amit is a manufacturer and wholesaler of a tangible product.
2. Mr. Amit is a manufacturer and wholesaler of an intangible product.
3. Mr. Amit is a customer of a tangible product.
4. Mr. Amit is a customer of an intangible product.

Q. Rashmi is travelling from Mumbai to Pune in a bus. On her journey, she bought a packet of chips.

Identify the visible and invisible trade done by Rashmi.

1. Buying a packet of chips and the bus ride are both examples of visible trade.
2. Buying a packet of chips and the bus ride are both examples of invisible trade.
3. Visible trade: Buying a packet of chips
   Invisible trade: Bus ride
4. Visible trade: Bus ride
   Invisible trade: Buying a packet of chips