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Financial Terms

Balance of Payment

International transactions refer to the exchange of goods, services, and gold between countries. These transactions are recorded and analyzed to determine the economic performance of a country over a specific period. Commodity transactions involve the trade of physical goods, while service transactions involve non-tangible services. Gold transactions refer to the exchange of gold reserves between countries. By studying these transactions, we gain valuable insights into a country's economic health and its role in the global market.
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All terms and concepts related to insurance, which is a financial arrangement that provides protecti
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