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Balance Of Payment

Economic Effect

Increase Indebtness

Deplete Reserves

Local Producer Incur Loss

Lower Economic Growth

Equilibrium & Disequilibrium

Subtopic

Deficit

Negative

Surplus

Positive

Structure & Calculation of BOP

Reserve Assets

The Errors & Omission

Errors & Omission

The Capital & Financial Account

Other Investment

Portfolio Investment

Direct Investment

Short Term

Long Term

The Current Account

Secondary

Current Transfer

Primary

Investment Income

Other Income

Portfolio Income

Direct Income

Compensation of Employees

Service

Other Services

Government Transaction

Travel

Transportation

Net Freight & Insurance

Goods

Import

Export

Definition

Within a particular period, usually a year

Measure all financial transactions and flow of currencies into and out of the economy

National account of a country