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Invisible trade refers to trade in?

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Economics WAEC 2008

Invisible trade refers to trade in?

  • services checkmark
  • goods and services
  • tangible goods
  • crude oil

The correct answer is: A

Explanation

 Invisible trade involves the export and import of physically intangible items such as services. It involves Customer service outsourcing, overseas banking transactions, and the medical tourism industry.

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