Which of the following is not an example of Net Invisible items?
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Machinery
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Net Invisible items are components of the Current Account in the Balance of Payments (BoP) that refer to services, income, and transfers — i.e., items that are not physically visible or tangible.
Examples of Invisible items:
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Banking services → invisible (service)
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Shipping → invisible (transport service)
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Tourism → invisible (travel service)
Whereas, Machinery → a tangible good, part of visible items under merchandise trade.