Complete the definitions by placing the relevant words into the blanks. Note that not all items will be placed and all items can be placed multiple times. 1. The balance of payments on the financial account are transactions that comprise the buying or selling of , which create .
2. The balance of payments on goods and services is the difference between the value of over a given period. 3. The merchandise trade balance is the difference between the value of for over a given period.
4. The balance of payments on the current account are transactions that do not create and includes payments for goods and services, and .