View source for Balance of payments

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

[[Category:Economics]]