World trade and balance of payments
World Trade and Payments: An Introduction (10th Edition) [Richard E. Caves, Jeffrey A. Frankel, Ronald W. Jones] on Amazon.com. *FREE* shipping on As one of the global financial centers, Hong Kong had favorable balance of invisible trade for the two sample years. The invisible trade surplus for both years was Free world trade with the U.S.S.R. an(1 Eastern Europe-. 21. 19. Chinese foreign -1.7 Balance-of-paymentsbasis-Numerous minor adjust- ments are made