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O-LevelCommerceGlobal trade7100/12 · May/June 2017 · Q171 Mark

What is an invisible export for Australia?

Acompany based in Australia selling cloth to customers in Singapore
Bdriver living in Australia insuring his car with a German insurance company
CMalaysian business using a ship owned by an Australian company
Dan Australian company buying steel made in China

✓ Correct answer

C: Malaysian business using a ship owned by an Australian company

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About this question

Topic
Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2017 Paper 1 Variant 2, question 17.

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