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Definition
It cover maintenance and repair work, by residents, on goods that are owned by nonresidents (and vice versa). The repairs may be performed at the site of the repairer or elsewhere. The value recorded for maintenance and repairs is the value of the work done not the gross value of the goods before and after repairs.

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Related Variables

Exports of other business services Tariff simple average, Agricultural products Animal and vegetable oils, fats and waxes (Imports SITC 4), % Machinery and transport equipment (Imports SITC 7), million $

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