The difference between imports and exports of merchandise goods and services is reported

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The difference between imports and exports of merchandise goods and services is reported in the current account of the Balance of Payments accounting system. The current account includes the transactions of goods and services, income receipts, and unilateral transfers. The capital account includes the transactions of capital assets, such as direct investment, portfolio investment, and loans. Both the current account and the capital account are reported separately in the Balance of Payments accounting system.

The Difference Between Imports and Exports of Merchandise Goods and Services