Business Studies

Services traded between economies could include transport, construction services, insurance and financial services etc.


ANSWER

True


SOLUTION
Trade in Services refers to the sale and delivery of an intangible product, called a service, between a producer and consumer. Trade in services that takes place between a producer and consumer that are, in legal terms, based in different countries is called International Trade in Services.
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TRUE/FALSE Medium Published on 18th 08, 2020
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