Balance of payments

From Conservapedia - Reading time: 1 min

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A balance of payments is an accounting statement of the money value of international transactions between one nation and the rest of the world over a specific period of time. The statement shows the sum of transactions of individuals, businesses, and government agencies located in one nation, against those of all other nations.

Sources[edit]

http://usinfo.state.gov/products/pubs/oecon/chap12.htm