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Business
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| Number of pages / Number of words: |
2 / 508 |
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Payments by residents of other countries, say Japan, to U.S. residents are shown as “CREDITS†(+) in the US BOP and as “DEBITS†(-) in Japan’s BOP.
Payments by US residents to residents of other countries are a “DEBIT†(-) in the US BOP and a “CREDIT†(+) in the other country.
Balance of Payments Accounts: are those that record all transactions between the residents of a country and residents of all foreign nations...
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Payments by residents of other countries, say Japan, to U.S. residents are shown as “CREDITS†(+) in the US BOP and as “DEBITS†(-) in Japan’s BOP.
Payments by US residents to residents of other countries are a “DEBIT†(-) in the US BOP and a “CREDIT†(+) in the other country.
Balance of Payments Accounts: are those that record all transactions between the residents of a country and residents of all foreign nations...
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