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Foreign Trade

JC Bus Studies

TermDefinition
Importing Buying goods and services from abroad
Visible Importing Importing goods from abroad
Invisible Importing Importing services
Exporting Selling Irish goods and services abroad
Visible Exporting Exporting Irish goods
Invisible Exporting Exporting Services
Example of Visible Imports Bananas, Cars, Oranges
Example of Invisible Imports Holiday in Portugal, Going to a concert for a foreign group
Example of Visible Exports Cheese, meat, Computer parts
Example of Invisible Exports Foreign holidaymakers coming to Ireland, Irish band on tour abroad
Created by: Carol Williams
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