clearing union
C23460
concept
A clearing union is an international financial arrangement in which member countries settle trade imbalances through a shared clearing system, using a common unit of account rather than direct bilateral payments in national currencies.
All labels observed (1)
| Label | Occurrences |
|---|---|
| clearing union canonical | 1 |
Instances (1)
| Instance | Via concept surface |
|---|---|
| Asian Clearing Union | — |