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BALANCE OF INTERNATIONAL PAYMENTS

(noun)

Definitions

There is 1 meaning of the phrase Balance Of International Payments.

Balance Of International Payments - as a noun

A system of recording all of a country's economic transactions with the rest of the world over a period of one year

Example: "A favorable balance of payments exists when more payments are coming in than going out"

Synonyms (Exact Relations)
balance of payments

Example Sentences

"The balance of international payments is a record of all economic transactions between a country and the rest of the world."
"A positive balance of international payments indicates that a country is exporting more goods and services than it is importing."
"A negative balance of international payments suggests that a country is importing more than it is exporting."
"The balance of international payments is a crucial indicator of the overall health of an economy."
"The World Bank closely monitors the balance of international payments for all member countries."
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