Which of the following is NOT a visible item on international trade payment?

a

Payment for imported cars

b

Receipt from cocoa exports

c

Payments to foreign shipping companies

d

Payments for steel imports

e

Payment for petroleum imports

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Correct Option
c

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Mojo05
9 years ago

Yes C is the Ans, Visible trade deal with goods while invisible trades deal with services. Payment for shipping, Tourism, etc are examples of invisible trade. The rest apart from C are visible trades cos they deal with goods.

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