Which of the following is an example of aninvisibleitem on the balance of payments account

An example of an invisible item on the balance of payments account is shipping and aviation. Invisible items refer to services that are traded between countries, such as transportation, tourism, and financial services. These services do not involve the physical transfer of goods and are referred to as "invisible" because they are not visible in the same way as merchandise trade. Exports and imports refer to the physical movement of goods across borders, while merchandise refers to the goods themselves. Bullion refers to gold and other precious metals that are traded as investments.