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Open Economy Macroeconomics — Economics STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceEconomicsOpen Economy Macroeconomics3 Marks
Question
Identify the following items as visible items or invisible items.
  1. Export of computer software.
  2. Import of LCD screen from Malaysia.
  3. Banking service to NRI.
  4. Export of Tea to Thailand.
  5. Consultancy services of TCS used by a foreign firm.
✓

Answer

Visible Items: (i), (iv);
Invisible Items: (i), (iii), (v).

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