invisible trade


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Related to invisible trade: invisible earnings

invisible trade

Service industries which earn foreign currency.
References in periodicals archive ?
Invisible trade barriers are already becoming evident as some companies question whether they should tender for work in the Republic beyond the Brexit date of March 2019.
He said that the rejection of chili consignment and the restrictions imposed have acted as an invisible trade barrier and have led to a number of downstream negative impacts on the supply chain of chili within Pakistan.
Calling the support an invisible trade because the public rarely knows about it, she says it is premised on the belief that children must be prevented from developing behavioral and emotional problems, shielded from child abuse and neglect, and therefore protected from parents who fail to consider their interests in these respects.
Jarvis writes with a flair for metaphor, for example: comparing the vast tangle of interdependent family networks to the complex and interconnected branches of the mangrove; comparing the fast-paced and often invisible trade of the small Bermuda vessels to the small fish that evade the colonial nets of legislation and documentation; and comparing the cedar tree to a savings account that is planted at the birth to mature in 30 years and build the ships for the next generation yet is also liable to be 'mortgaged' in times of hardship.
But this is clearly a way of putting up invisible trade barriers by funding certain parties and using their influence to stir up the emotion of consumers not to support certain products, which is trade distorting.