Balance of Trade and Balance of Payments - Econlib
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econlib.org
Balance of Trade and Balance of Payments - Econlib
Definitions and Basics Balance of Payments, from the Concise Encyclopedia of Economics The balance of payments accounts of a country record the payments and receipts of the residents of the country in their transactions with residents of other countries. If all transactions are included, the payments and receipts of each country are, and must ...
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