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Appendix: Methods of Presenting the Balance of Payments of the United States

Published online by Cambridge University Press:  26 March 2020

Extract

There is no perfect measure of a country's balance of payments and no ideal way to present it. Some valuable standardisation has been achieved by the International Monetary Fund, but Official presentations still vary quite widely between one country and another and between different periods for the same country.

Type
Research Article
Copyright
Copyright © 1965 National Institute of Economic and Social Research

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References

Notes

note (1) page 33 United Kingdom Balance of Payments 1959 to 1961 (Cmnd. 1671), p. 8.

note (2) page 33 Economic Trends No. 125, March 1964, p. vi.

note (3) page 33 The Balance of Payments Statistics of the United States : A Review and Appraisal.

note (1) page 34 So far the Sub-Committee on Economic Statistics of the Joint Economic Committee of Congress has recommended that both old and new presentations should be used in future.