{"iri":"https://lexicon.financial/business/bea/SalesOfServicesThroughForeignAffiliatesOfMultinationalCompanies","label":"Sales of services through foreign affiliates of multinational companies","definition":"Services sold in international markets through the channel of direct investment . From the U.S. viewpoint, it consists of sales of services to foreigners by foreign affiliates of U.S. companies and U.S. purchases of services from other countries' U.S. affiliates . It is one of two channels in the delivery of services in international markets; the other is cross-border trade in services .","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/sales-services-through-foreign-affiliates-multinational-companies"}