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Standard IX
Economics
Visible and Invisible Trade
Srushti bough...
Question
Srushti bought sugar from a grocery shop.
Identify the type of trade.
A
Invisible trade
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B
Visible trade
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C
Wholesale trade
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D
International trade
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Solution
The correct option is
B
Visible trade
When a tangible product like sugar is bought or sold, it is known as visible trade.
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