„Balance Of Payments“

A statement summarizing all the economic and financial transactions between companies, banks, private households and public authorities of one nation with those of the other nations of the world over a specific time period. It includes merchandise trade payments, payments and receipts on account of shipping services, tourist services, financial services, government expenditures, short and long term capital movements, interest and dividends, gold movements, etc.

Samuelson, P., & Nordhaus, W. (2010). Economics. (19th ed.). McGraw-Hill Education.