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NABTEB Commerce 2025 Objective — Question 26

Question 26 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2025 Objective paper, with the correct answer and a full explanation.

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An example of an invisible item in the balance of payment account is

  • A. goods exported
  • B. goods imported
  • C. salaries of expatriatesCorrect
  • D. sale of assets

Explanation

Invisible items in the balance of payments relate to services rather than physical goods; salaries of expatriates (a payment for labour services) are considered 'invisible' items.

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