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Concept information

Terme préférentiel

invisible trade balance  

Définition(s)

  • Invisible trade balance (ITB) refers to the net monetary value resulting from a country's international trade in invisibles during a given period of time, and it forms an important component of the country's balance of payments (BOP). ITB can be defined as the difference between the total monetary value of invisible exports (exports of intangibles) and invisible imports (imports of intangibles) of a country during a specified period of time, in general, a year or a quarter for which the country's BOP records are prepared. [Source: Encyclopedia of Business in Today's World; Invisible Trade Balance]

Concept(s) générique(s)

Appartient au groupe

URI

http://data.loterre.fr/ark:/67375/N9J-S5891KP6-6

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