The balance of payments is a record of a country's international transactions with the rest of the world. The balance of payments is composed by two broad sub-balances: the current account and the capital and financial account. The current account is itself subdivided into four basic components: goods, services, income and current transfers. For each of these items, the current account registers the value of exports (credits) and imports (debits). The difference between these two values is the balance.

The balance of payments is a record of a country's international transactions with the rest of the world. The balance of payments is composed of two broad sub-balances: the current account and the capital and financial account. The current account is itself subdivided into four basic components: goods, services, income and current transfers. For each of these items, the current account registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. The balance of payments is composed of two broad sub-balances: the current account and the capital and financial account. The current account is itself subdivided into four basic components: goods, services, income and current transfers. For each of these items, the current account registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. The balance of payments is composed by two broad sub-balances: the current account and the capital and financial account. The current account is itself subdivided into four basic components: goods, services, income and current transfers. For each of these items, the current account registers the value of exports (credits) and imports (debits). The difference between these two values is the balance.

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".

The balance of payments is a record of a country's international transactions with the rest of the world. It is composed of the current account and the capital and financial account. The current account is itself subdivided into goods, services, income and current transfers; it registers the value of exports (credits) and imports (debits). The difference between these two values is the "balance".