Consider a country's balance of payments accounts.The difference between the payments and receipts from international transactions in assets is represented in the

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The difference between the payments and receipts from international transactions in assets is recorded in the capital account balance. This includes international investment and borrowing transactions such as foreign direct investment, portfolio investment, and loans. The current account balance, on the other hand, records the difference between a country's payments and receipts for trade in goods and services, while the merchandise account specifically records the balance of trade in goods only. The official financing account represents transactions between a country and international organizations, and is not directly related to transactions in assets.

Consider a Country's Balance of Payments Accounts