Home › CBSE Class 11 (Commerce) › Business Studies › International Business › Goods that are tangible and can be seen and touc…
Goods that are tangible and can be seen and touched are called what?
AInvisibles
BServices
CMerchandise
DRoyalties
Answer & Solution
Correct answer: C. Merchandise
Merchandise means tangible goods, so merchandise trade covers trade in goods only.
Related questions
Which is one of two macro factors driving globalization?Two firms pooling resources to form a separate jointly owned entity create what?What is the business practice of licensing a business model to another company?Compared with domestic trade, international trade is typically what?The exchange of capital, goods and services across borders is called what?What are documents called that do not comply with the terms of a letter of credit?Which payment tool gives an exporter a guarantee from a creditworthy bank?Mercantilists believed that accumulating what made a country wealthier?