Formulas
- Balance of Trade:
Goods Exports + Goods Imports - Balance on goods and services:
Goods Exports + Service Exports + Goods Imports + Service Imports - Current Account:
Balance on goods and services + Net Investment + Net Transfers - Capital Account:
Foreign Purchases + Domestic Purchases
Thank you for posting the formulas on your blog! I was trying to look for who actually had them, the purpose of using these formulas allows the country to actually builds its power of wealth and become nationalist to others who are looking upon them.
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