I'm curious about the concept of invisible trade. Could someone explain what it means and how it differs from other types of trade?
6 answers
SakuraSmile
Sun Nov 03 2024
Instead, it focuses on the exchange of services between countries.
Margherita
Sun Nov 03 2024
Invisible trade encompasses international transactions that do not include physical goods.
Sara
Sat Nov 02 2024
These services can include consultancy, which offers expert advice and strategies.
Ilaria
Sat Nov 02 2024
Insurance is another significant aspect, providing financial protection against various risks.
BonsaiLife
Sat Nov 02 2024
Banking services, such as transfers and investments, also fall under invisible trade.