1993 SNA Update Information - Merchanting |
| Issue description | | Issue description in [English] | [French] | [Russian] | [Spanish] | | Merchanting is defined in the Balance of Payments Manual as the purchase of a good by a
resident (of the compiling economy) from a nonresident and the subsequent resale of the good to
another nonresident, without the good entering the merchant’s economy. The SNA does not cover
the topic. The existing definition of merchanting may capture activity that is part of the
production process in an increasingly globalized and inter-connected world, which is not the
intent behind the definition of merchanting activity. Therefore, there is a need for a clear and
precise definition of merchanting; arising out of this there needs to be clear guidance on whether
merchanting (when redefined) should be recorded on a net or a gross basis and under goods or
services. |
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| Corresponding papers (Click on icon to see document in either pdf or word format) | | AEG papers: | Posted on 1/18/2006 |  |  | Merchanting | | | Posted on 8/15/2005 | | | Merchanting | | | | AEG summaries: | Posted on 4/7/2006 | | | Merchanting |
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| Statistics | | Number of AEG recommendations: | 1 | | Number of country comments: | 31 | | Number of expert comments: | none |
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