Q. Invisible trade is a trade of which of the following things?
Answer: Of the services like the banks, marine companies and shipping companies
Notes: An invisible trade is an international transaction that does not include an exchange of tangible goods. In modern times, any accounting of a nation's balance of trade must include a calculation of its invisible trade.  invisible trade, which involves the export and import of physically intangible items such as services. An invisible trade involves the transfer of non-tangible goods and/or services, such as customer service, intellectual property and patents. The items involved in an invisible trade are associated with a value and can be exchanged for tangible goods. This is often referred to as the invisible balance.

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Question Number: 36 in GKToday PCS Mock Test - 151 in above course in App.