Where are the payments for export in the balance of payment?
I know that when we sell some goods abroad, we credit Goods&Services part within Trade balance, which is a part of Current Account.What part of the Financial Account is debited with the sum received for the exported goods?
It comes up as a debit in the Capital Account under US Private short term claims There is a real gereat Paper by Norman S Fieleke of the Boston Federal Reserve bank which explains Balance of payments accounting very simply and clearly. Google it.
