"2.14 The current account shows flows of goods, services, primary income, and secondary income between residents and nonresidents."
"2.15 The balance on these accounts is known as the current account balance. The current account balance shows the difference between the sum of exports and income receivable and the sum of imports and income payable (exports and imports refer to both goods and services, while income refers to both primary and secondary income). "
Chapter 2, Page 9, BPM 6
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