Invisible trade

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Invisible trade is the part of international trade that does not involve the transfer of goods or tangible objects. It is mostly generated by the overseas activities of tertiary industries.

Invisible trade is composed of invisible imports and invisible exports. Since nothing tangible is transferred, the importer is defined as the person, group or country that receives the service. The exporter is defined as the supplier of the service. The net total of a country's invisible imports and invisible exports is called the invisible balance of trade. This forms part of the country's balance of trade.

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