Invisible Trade


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Related to Invisible Trade: invisible earnings

Invisible Trade

The sale of a service or an intangible asset (such as a copyright) as opposed to a good. See also: Visible trade.
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Calling the support an invisible trade because the public rarely knows about it, she says it is premised on the belief that children must be prevented from developing behavioral and emotional problems, shielded from child abuse and neglect, and therefore protected from parents who fail to consider their interests in these respects.
Invisible trade is also substantial, with 2.5m Russian tourists visiting Turkey annually and Turkish companies extensively involved in Russia's services sector.
A healthy trade surplus is anticipated but this will be offset by deficits on invisible trade, repatriation of dividends/interest payments by oil multinationals and outward workers remittances.
The United States is now complaining about Japan's invisible trade barriers, so-called structural impediments to trade.
The resulting decline in the trade deficit was accompanied by a higher invisible trade surplus, reducing the current account deficit to only [pounds]2 billion, or 0.6 per cent of GDP in the first half of 1994, compared with [pounds]6.8 billion a year earlier.
"The importance of the insurance sector is one of growing emergence and prominence as an integral part of the invisible trade balance in every country within the Asia-Pacific region," Mr.
The surplus from invisible trade such as banking, insurance and tourism was estimated at pound sterling 200 million in May, so that the current account deficit in May was sharply trimmed to pound sterling 645 million, compared with pound sterling 1.16 billion in April.
The drop in the current account balance was due to an increase in the visible trade deficit, a decrease in the net inflow of primary income and an increase in the net outflow of secondary income, partly offset by an increase in the invisible trade surplus.