单词 | invisible exports |
释义 | > as lemmasinvisible exports e. invisible exports, invisible imports: those items which do not appear in returns of exports and imports for which payment has to be accepted from or made to a foreign country, such as shipping services, insurance, profits on foreign investment, money spent by visitors from a country with a different currency, etc. Also invisible earnings, invisible trader, invisible transaction, etc. ΘΚΠ society > trade and finance > merchandise > [noun] > imports or exports > invisible invisible imports1911 invisible1958 1911 C. G. Robertson Eng. under Hanoverians ii. iv. 344 Prior to the Industrial Revolution the seaborne and carrying trades, with their invisible exports, are an expanding source of wealth, but are not indispensable. 1919 J. A. Todd Mech. Exchange (ed. 2) xiv. 174 An invisible export is something which enables a country to import goods without paying for them directly by the export of other goods, and conversely, an invisible import is something which makes it necessary for a country to export goods without receiving payment directly in other goods. 1923 Westm. Gaz. 24 Feb. Depressed shipping means less insurance, less banking, and a smaller earning in freights—all the things we mean when we speak of our invisible exports. 1935 Economist 12 Oct. 712/2 Among ‘invisible’ traders with Italy, the shipping lines with Mediterranean routes would suffer some inconvenience. 1957 Encycl. Brit. VIII. 991/2 Invisible exports are of vital importance to countries whose limited resources..make them dependent on large imports. Italy's high percentage is due to foreign tourists' expenditure and to a steady flow of remittances from Italians living abroad. 1958 Economist 18 Oct. 256/1 The..government deficit on invisible account. 1963 Ann. Reg. 1962 479 Net earnings on invisible transactions improved somewhat. 1969 Times 27 Nov. 6/6 The rapid growth of invisible earnings. 1971 Daily Tel. 24 Apr. 2 The works of songwriters and composers are now one of Britain's major ‘invisible’ exports. < as lemmas |
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