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Definition: External balance of goods and services

SNA 1993

The external balance of goods and services is the value of exports of goods and services less imports of goods and services. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", § 2.166 and Table 2.3 V.I, United Nations, New York, 1993
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