Across
- 4. Refers to the purchase of shares and bonds. It's sometimes grouped together with "other" as short term investment.
- 5. Is a synthesized numerical record, describing the characteristics and outcome of an economic system
- 7. Is the opposite of surplus
- 9. Is operated by a nation's central bank, and can be a source of large capital flows to counteract those originating from the market.
- 10. The term is used with a narrower meaning by the International Monetary fund (IMF) and affiliated sources.
- 11. Within this are made up payments of asset and debt factors.
- 13. Are recorded in the capital account
- 15. Is the sum of the balance of trade, net factor income and net transfer payments.
- 16. Increases in a ocurrent acount a country's net foreign assets by the corresponding amount
- 19. Have an income deficit greater than their trade deficit
Down
- 1. As income payments
- 2. As income receipts
- 3. Refers to long term capital investment
- 6. Is one of two major measures of the nature of a country's foreign trade
- 8. A sum of money sent, especially by mail, in payment for goods or services or as a gift.
- 12. Includes capital flows into bank accounts or provided as loans. Sometimes this category can include the reserve account.
- 14. Refers to sending or selling products from one's own country to another
- 17. Is the difference between exports and its imports a nation's of goods and services
- 18. Is to introduce foreign products or customs into a country
- 20. gives name to the current account since in this period goods and services are consumed