Source: International Monetary Fund – IMF (video statements)
How do you measure trade when goods never cross a border? In this episode of The Economy – How Do You Measure That?, our host Jim Tebrake speaks with Kristy Howell about merchanting—when a firm buys goods in one country and sells them to another without physically importing them. Learn how these transactions are recorded in the balance of payments and GDP, and why these transactions matter for understanding today’s global economy.