Table I
Balance of Payments (IMF presentation)
A
Goods and services:
Freight and Insurance
Transport
Travel
Investment income
B Unilateral/Unrequited Transfers
Gifts
Remittances
Aid
balance on current
account
(equal to the change
in net claims with respect to the rest of the world)
C
Capital transactions
Investment: portfolio, direct Transactions in liquid assets Accomodating flows
Other terminology
A
B
Balance on trade
Balance on unilateral transactions
Balance on current account
A + B
=
Вс
Вк
Вс
+ B.
BK
K
Basic balance
Balance on long-run capital
BM
Monetary balance
Bc +
C
B. + B.
K
BM
Bc + BK
Balance of Payments on autonomous transactions
Balance on accomodating flows
Identity of balance
B
A
B. + B
M
A
0
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