Department of Defense Transactions Entering the International Balance of Payments
Abstract
During the past several years, there has been a continuing deficit in the United States balance of payments. In view of the magnitude of Department of Defense transactions which enter the international balance of payments, it is essential that Department of Defense programs be continually reviewed and, consistent with the national interest, managed with the objective of reducing the United States deficit. Department of Defense payments and receipts which enter the international balance of payments include transactions such as those with foreign governments, foreign nationals, foreign corporation, foreign subsidiaries and branches of United States corporations, international organizations, and the personal expenditures in foreign countries of Defense Department military and civilian personnel and their dependents.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jul 01, 1963
- Accession Number
- ADA272632