|
|
Balance on goods and services |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Balance on goods and servicesNetting of transaction balances, including the net amount of payments of interest and dividends to foreign investors and investments, as well as receipts and payments resulting from international tourism.Balance on goods and services Similar MatchesFinancial Services Compensation SchemeFinancial Services Compensation SchemeThe Financial Services Compensation Scheme is the sole financial compensatory scheme. It was set up by the Financial Services Authority (FSA) in December 2001, and replaced:Building Societies Investor Protection SchemeDeposit Protection SchemeFriendly Societies Protection SchemeInvestors Compensation SchemePIA Indemnity SchemePolicyholders Protection Boardhttp://www.fscs.org.uk Nonfinancial servicesNonfinancial servicesSuch things as freight, insurance, passenger services, and travel. Tax preparation servicesTax preparation servicesFirms that prepare tax returns for a fee. Trade in servicesTrade in servicesThe provision of a service to buyers within or from one country by a firm in or from another country. Because such transactions do not involve a physical product crossing borders, they were not regarded as "trade" and were not covered by GATT. In the mid-1980s they were recognized as a form of trade and were incorporated into the WTO's GATS. General Agreement on Trade in ServicesGeneral Agreement on Trade in ServicesThe agreement, negotiated in the Uruguay Round that brings international trade in services into the WTO. It provides for countries to provide national treatment to foreign service providers and for them to select and negotiate the service sectors to be covered under GATS. Further SuggestionsFinancial Services Act 1986Bankers Automated Clearing Services Short term investment services Concentration services Fiscal agency services Information services Headquarters services Financial Services Authority |
|
|
|