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What is meant by invisible balance of trade?

Updated: 8/23/2023
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Elosery

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10y ago

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Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes

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10y ago
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10y ago

The visible balance of trade is that part of the balance of trade figures that refers to international trade in physical goods, but not trade in services.

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