which of the following is an invisible term?

  • A Banking services
  • B Petroleum products
  • C Processed rice
  • D processed milk

The correct answer is A. Banking services

An invisible term in the context of international trade is Banking services.

Invisible trade refers to international transactions that do not involve an exchange of tangible goods, such as services, banking, insurance, tourism, and intellectual property.

These are called “invisible” because they do not result in an actual shipment of physical goods between countries.

Previous question Next question