If you go to the Eurostat site you will see data for cross border trade.
These are, as far as I can see, BofP data, but are not called that because
there are no FX implications. I guess the regional economic implications
are that some countries experience rising AD and others falling AD just as
with the regions in the UK that have a 'BofP' deficit.
Richard Bowett
----- Original Message -----
From: "Chris Rodda" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Friday, January 03, 2003 6:56 PM
Subject: Balance of payments
> Do countries with the Euro have BOPs that must balance? I can see why The
> Euro Zone BOP must balance by definition - but must each individual
country
> balance?
>
> If they do or don't - now there are no border controls how do they know
what
> has been sent from say Italy to Austria?
>
> Anyone know?
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