O-LevelCommerceGlobal trade7100/12 · May/June 2023 · Q131 Mark

What is an invisible export in the Balance of Payments for a country?

Afinancial institutions lending to a foreign country

Bpayments being made to a foreign bank

Csurplus food being sold to another country

Dtourists taking holidays in another country

✓ Correct answer

A: financial institutions lending to a foreign country

Oracle Prep sorts past-paper questions by topic, so you can drill Global trade and see which topics are most likely to come up next.

Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2023 Paper 1 Variant 2, question 13.

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