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Glossary of the 1993 SNA - Definition of Term

TermExternal balance of goods and services
DefinitionThe external balance of goods and services is the value of exports of goods and services less imports of goods and services.
Paragraphs2.166.
TablesTable 2.3.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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