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Harry Bindloss


Balance of payments: A set of accounts showing the transactions conducted between
residents of a country and the rest of the world.

Exports: Goods and services produced domestically but sold abroad.

Imports: Goods and services produced abroad but purchased domestically.

Balance of payments: Composition


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Harry Bindloss

Financial Account

This section looks at the various flows of investment into and out of the UK. There are many
forms that this investment can take; the purchase and sales of companies, investment in
the form of purchase and sale of shares in foreign companies etc.

Effects of…


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