Definitions
There is 1 meaning of the phrase
Balance Of Payments.
Balance Of 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 international paymentsExample Sentences
"The country's balance of payments improved due to increased exports and reduced imports."
"A deficit in the balance of payments can lead to a depreciation of the national currency."
"The government is taking measures to address the negative balance of payments."
"The balance of payments surplus is expected to stimulate economic growth."
"A country with a strong balance of payments position is less vulnerable to financial crises."
