Cryptocurrency Q&A What is an invisible trade?

What is an invisible trade?

EnchantedSky EnchantedSky Fri Nov 01 2024 | 6 answers 1541
I'm curious about the concept of invisible trade. Could someone explain what it means and how it differs from other types of trade? What is an invisible trade?

6 answers

SakuraSmile SakuraSmile Sun Nov 03 2024
Instead, it focuses on the exchange of services between countries.

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Margherita Margherita Sun Nov 03 2024
Invisible trade encompasses international transactions that do not include physical goods.

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Sara Sara Sat Nov 02 2024
These services can include consultancy, which offers expert advice and strategies.

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Ilaria Ilaria Sat Nov 02 2024
Insurance is another significant aspect, providing financial protection against various risks.

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BonsaiLife BonsaiLife Sat Nov 02 2024
Banking services, such as transfers and investments, also fall under invisible trade.

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