Analyze the case at length

XIBMS – International trade XIBMS – International trade For centuries Britain has been a country that relies on international trade. We purchase goods and services from other countries and in return we sell them goods and services produced here. An import is a purchase by UK citizens from overseas. An export is a sale by UK citizens to a member of another country.  Visible and invisible trade items  For the purpose of classification we call the tangible goods that we trade visible items. We call the services that we trade invisible items. Exports bring currency into the UK whereas imports lead to an outflows of currency.  The UK has always done well on her invisible account. This is because we developed a world-wide reputation for commercial services. Some of our major invisible earnings come from the following:  * Selling insurance policies through Lloyd\’s. * Bank services to foreigners, * Tourists spending money in the UK.    On the news every month we hear that the UK has made a surplus on invisible trade showing that we have sold more invisible services than we have bought. The accounts for a particular month might show:  * Invisible exports  ?100 billion * Invisible imports ?80 billion * Invisible surplus f20 billion At the same time the UK frequently makes a loss on her visible trade.  A typical current account showing the UK\’s trading with the rest of the world in a given period, may therefore look like the following:  Visible exports 500 Invisible exports  400 Total exports  900 Visible imports 650 Invisible imports  200 Total imports  850 Visible balance -150 Invisible balance  200 Current balance 50  The current account of the UK balance of payments gives a good guide to current trading in visible and invisibles with the rest of the world.  Issues for Discussion Analyze the case at length XIBMS – International trade XIBMS Institute XIBMS Answer sheets, academic support XIBMS assignment help, student assistance XIBMS Institute solutions Xavier mba answer sheets Xibms mba case study answers Xibms case study answers Xavier emba answer sheets Xavier emba case study papers Xibms gms answer sheets Xavier gms case study papers Xavier advance diploma answer sheets Xibms advance diploma case study answer sheets Xibms dms case study answers Xavier dms case study papers At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at XIBMS Institute (Xavier Institute of Business Management Studies). 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