XIII. Compiling the BOP Current Account: Income
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International Monetary Fund
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Abstract

577. Compensation of employees covers the earnings of border, seasonal, and other workers paid by an employer resident in one economy to employees resident in other economies. Compensation for employment may be earned by persons residing in economies that differ from the economies in which they work on a temporary basis and also by persons residing in their own economies. For example, foreign embassies, foreign military establishments, and international institutions may employ residents of the economies in which the embassies, etc. are located.

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