Why does the balance of payments always balance, even though the balance of trade does not?

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International marketing

ISBN: 978-0077446956

15th Edition

Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham

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Question Posted: Mar 01, 2012 06:31 AM

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Why does the balance of payments always balance, even though the balance of trade does not?

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The balance of payments must always balance because the r...View the full answer

International marketing

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