No - this is just textbooks remaining out of date!
-----Original Message-----
From: Carole WAKEFIELD [mailto:[log in to unmask]]
Sent: Wed 06/02/2002 08:04
To: [log in to unmask]
Cc:
Subject: International trade terminology
For a few years now, since the change in the balance of payments calculations, I've been encouraging students to use the terms "trade in goods" and "trade in services" instead of "visibles" and "invisibles". However, I've noticed that the words "visibles" and "invisibles" have appeared in some recent publications for students. Are the old terms still in use?
Carole
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