CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Trade in invisible refers to ________________.

A
unrecorded trade
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
trade in goods
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
trade in military goods
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
trade in services
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is D trade in services
Invisible trade is the trade of intangible goods i.e. services.
Customer service outsourcing, overseas banking transactions, and the medical tourism industry all are examples of invisible trade.
Hence, D is the correct option.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Modes of Entry
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon