XII. Compiling the BOP Current Account: Services
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International Monetary Fund
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Abstract

492. Transportation services include passenger, freight, and other transportation services provided by residents of one economy to residents of another economy.88 The BPM recommends that transportation services be classified by mode of transport (namely, sea, air, and other, which includes rail, road, inland waterway, and space) and, in turn, that these categories be classified by type of service (namely, passenger, freight, and other transportation services).

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