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FrançaisThe part of a country´s balance of payments that records current (as opposed to capital) transactions, including visible trade (income and expenditures for services), profits earned from foreign operations, interests and transfer payments. See balance of payments.
Read MoreCurrent balance
The value of all exports (goods plus services) less all imports of a country over a specific period of time, equal to the sum of the trade (visible) and invisible balances plus net receipts of interests, profits and dividends from…
Read MoreCustoms area
A geographic area, usually identical to one or several contiguous national political jurisdictions, applying a particular tariff schedule on goods entering or leaving the area. See customs union.
Read MoreCustoms bonded warehouse
A government warehouse where goods remain until duty has been collected from the importer.
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