Which of the following is an example of an invisible item on the balance of payments account
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Correct Answer: Option A
Explanation:
Invisible balance of payments are services and other products that do not result in the transfer of physical objects. Examples include consulting services, shipping services, tourism, and patent license revenues.
Invisible balance of payments are services and other products that do not result in the transfer of physical objects. Examples include consulting services, shipping services, tourism, and patent license revenues.