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Division 3) Variable 240401. Statistical value of imports by enterprises

United Kingdom

Original text. Later amendments are not shown.

The ‘statistical value’ for services is defined as the value of services traded between residents and non-residents at market prices. Market prices refer to the current exchange value, that is, the values at which services are exchanged or else could be exchanged for cash taking into account any rebates, refunds or other adjustments.

Thus, the statistical value of imports by enterprises is the value, at market prices, of the total services supplied by non-resident to residents.