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The first step of isolating seasonal effects is to remove the trend and cycles effects.
Net Capital Outflow
The purchase of foreign assets by domestic residents minus the purchase of domestic assets by foreigners.
Net Capital Outflow
The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners; it can be positive (net outflow) or negative (net inflow).
Foreign-Currency Exchange
The process by which the currency of one country is exchanged for the currency of another, determining how much of one currency is worth in terms of the other.
Foreign-Currency Exchange
The act of changing one country's currency into another country's currency for a variety of reasons, including commerce, trading, or tourism.
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