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Balance of Payments Definition of the Balance of Payments The balance of payments is a record of one country's trade dealings with the rest of the world. Any transaction…

November 2013 The Balance of Payments A record of the value of all the transactions between the residents of one country with the residents of all other countries in the…

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Slide 1 The Meaning of the Balance of Payments Through international trade, nations are constantly exchanging goods, services and financial and real assets across national…