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Invisible barriers to trade

Government regulations that do not directly restrict trade, but indirectly impede free trade by imposing excessive or obscure requirements on goods sold within a country, especially imported goods. These regulations are often known to business owners within the country, because…

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Invisible trade

Non-merchandise items such as freight, insurance, and financial services that are included in a country´s balance of payments accounts (in the current account), even though they are not recorded as physically visible exports and imports. Also called invisibles. See balance…

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