Indian Economy

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Indian Economy - Understanding the basics of Indian economic system

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Invisible trade is a trade:

of government with publicinstitutions

of the services like the bank, marine companies and shippingcompanies

of corporate and financial institutions with government

of government with othercountries

Explanation:

An invisible trade is an international transaction that does not include an exchange of tangible goods. Customer service outsourcing, overseas banking transactions, and the medical tourism industry all are examples of invisible trade.

By: Parvesh Mehta

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