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Merchanting > balance of payments
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So one might expect that that means we would record this under trade and services. But actually we're gonna record this in trade in goods in the balance of payments. So it's a bit of a tricky recording because we essentially do a net recording.

Merchantingis recorded inbalance of payments
“So one might expect that that means we would record this under trade and services. But actually we're gonna record this in trade in goods in the balance of payments. So it's a bit of a tricky recording because we essentially do a net recording.”
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