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1993 SNA Update Information - Merchanting

Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
Merchanting is defined in the Balance of Payments Manual as the purchase of a good by a resident (of the compiling economy) from a nonresident and the subsequent resale of the good to another nonresident, without the good entering the merchant’s economy. The SNA does not cover the topic. The existing definition of merchanting may capture activity that is part of the production process in an increasingly globalized and inter-connected world, which is not the intent behind the definition of merchanting activity. Therefore, there is a need for a clear and precise definition of merchanting; arising out of this there needs to be clear guidance on whether merchanting (when redefined) should be recorded on a net or a gross basis and under goods or services.
Corresponding papers (Click on icon to see document in either pdf or word format)
AEG papers:Posted on 18/01/2006Click here to see pdf documentClick here to see word documentMerchanting
 Posted on 15/08/2005Click here to see pdf documentClick here to see word documentMerchanting
 
AEG summaries:Posted on 07/04/2006Click here to see pdf documentClick here to see word documentMerchanting
Statistics
Number of AEG recommendations:1
Number of country comments:31
Number of expert comments:none
Corresponding AEG Meetings
The issue was discussed at the following meetings:
July 2005, Jan/Feb 2006
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