It was then envisaged that gold transactions would play an important role in settling international payments.
The difference, by the laws of accounting, not economics, represents Japan's surplus in international payments.
A documentary credit is the most secure form of international payment for both buyer and seller.
Compared with 2010 the balance of international payments had shrunk 46.8 percent.
These days, Amex's international payments are so routine that many can be handled without human involvement.
The huge reserves reflect the nation's imbalance of international payments.
The debate was important in the modern theory of unilateral international payments.
In the very short run the money supply is normally predetermined by the past history of international payments flows.
Even with the decline, in 1914 London was still the centre of international payments, and a large creditor nation, owed money by others.
Whether you're making regular international payments, or need a one-off transfer, our experts will help you get more for your money.