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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.
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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.
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==Sources==
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http://usinfo.state.gov/products/pubs/oecon/chap12.htm
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[[Category:Economics]]
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