Invisible Trade

F. V. Meyer, D. C. Corner and J. E. S. Parker

Chapter 25 in Problems of a Mature Economy, 1970, pp 497-524 from Palgrave Macmillan

Abstract: Abstract A country must pay for its imports, and the principal way of doing so is the exportation of merchandise. But this is not the only means. Income from overseas investment, commissions earned on financial services, transport services and other invisible earnings may compensate or more than compensate for a deficit on merchandise trade.

Keywords: Current Account; Civil Aviation; Freight Rate; Foreign Exchange Reserve; Overseas Investment (search for similar items in EconPapers)
Date: 1970
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15400-5_25

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DOI: 10.1007/978-1-349-15400-5_25

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