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What are invisible transactions? Give examples. - Economics

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प्रश्न

What are invisible transactions? Give examples.

अति संक्षिप्त उत्तर
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उत्तर

  • These are the items which are not tangible and cannot be seen. Hence, they are known as invisible.
  •  These invisible items are classified into three groups, namely (i) services, (ii) unilateral transfers, and (iii) income.
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अध्याय 15: Balance of Payments and Exchange Rate - TEST YOURSELF QUESTIONS [पृष्ठ २९५]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 15 Balance of Payments and Exchange Rate
TEST YOURSELF QUESTIONS | Q 7. | पृष्ठ २९५
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