Difference between revisions of "Balance of payments"
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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== | ==Sources== | ||
Latest revision as of 19:02, August 7, 2007
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.