NOUN
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a system of recording all of a country's economic transactions with the rest of the world over a period of one year
a favorable balance of payments exists when more payments are coming in than going out
How To Use balance of payments In A Sentence
- In the United States the scapegoats were the Viet Nam war, speculation, the balance of payments, foreign exchange rates, prices, wages, business, and labor. Mises Dailies
- For a current account deficit on the balance of payments reflects a shortage of national savings, in relation to investment.
- We will examine this mechanism in detail in Chapter 22, when we focus on the balance of payments and exchange rates.
- Britain's weak balance of payments was not, however, a statistical delusion or the result of a reaction to one.
- Countries with a balance of payments surplus must expand their domestic economies instead. Times, Sunday Times
- A balance of payments deficit or surplus was defined by the sign of the rate of change of a central bank's foreign exchange reserves.
- Inflation was brought down to below 5 percent, the balance of payments remained healthy and productivity improved rapidly.
- We will examine this mechanism in detail in Chapter 22, when we focus on the balance of payments and exchange rates.
- For a current account deficit on the balance of payments reflects a shortage of national savings, in relation to investment.
- It contributes ￡11,000 million net to our balance of payments. Financial services employ 12 percent of our workforce.
