In international trade, all payments and gifts that are related to the purchase or sale of both goods and services are referred to as the

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The current account in international trade includes all payments and gifts related to the purchase or sale of goods and services, such as imports and exports, income from one country's investments in another country, and tourism. The financial account includes capital flows, such as foreign direct investment, portfolio investment, and loans. The labor account is not a recognized category in international trade, and the official reserve transactions account refers to central banks' purchases and sales of foreign currency reserves.

In International Trade, All Payments and Gifts That Are Related