Pacific Trade Perspectives

Jian Li and Alan Paisey

Chapter 7 in International Transfer Pricing in Asia Pacific, 2005, pp 86-102 from Palgrave Macmillan

Abstract: Abstract The entire international trade of the world consists of the reciprocal export and import of goods and services between countries, where to speak of a particular country’s trade balance is to indicate the difference between its exports and imports on the basis of one suitable measure or another. A positive trade balance indicates that exports are larger than imports, whereas a negative trade balance indicates that imports are larger than exports (International Monetary Fund, 2003). International trade includes a large portion of transfers between related business firms, giving rise to the phenomenon of International Transfer Pricing.

Keywords: Foreign Direct Investment; Trading Partner; Regional Survey; Transportation Equipment; Major Trading Partner (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1057/9780230511606_7

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