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This paper examines foreign transactions in national accounts and balance of payments, suggesting consistency for better user insights.
This article is part of the NEDA-PIDS Seminar-Workshop on the Philippine System of National Accounts. This paper examines foreign transactions as recorded in the national accounts and the balance of payments statements. While these statements have different uses, consistency between the two is desired due to prospects of better helping users.
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Alburo et al. (1983) studied this question.
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