balance of payments Synonyms
No Synonyms and anytonyms found
balance of payments Meaning
balance of payments (n)
a system of recording all of a country's economic transactions with the rest of the world over a period of one year
balance of payments Sentence Examples
- The country's balance of payments is a comprehensive record of all economic transactions between its residents and the rest of the world.
- A favorable balance of payments indicates that a country has a net inflow of funds from abroad.
- An unfavorable balance of payments suggests that a country is spending more on imports than it is earning from exports.
- The current account balance measures the trade in goods and services, as well as net income and unilateral transfers.
- The capital account balance captures transactions involving foreign direct investment, portfolio investment, and other capital flows.
- The overall balance of payments is the sum of the current account and capital account balances.
- A surplus in the balance of payments can lead to an appreciation in the country's currency.
- A deficit in the balance of payments can trigger a depreciation in the currency.
- Governments may implement policies to influence the balance of payments, such as adjusting interest rates or imposing tariffs.
- The balance of payments is an important indicator of a country's economic health and its interactions with the global economy.
FAQs About the word balance of payments
a system of recording all of a country's economic transactions with the rest of the world over a period of one year
No synonyms found.
No antonyms found.
The country's balance of payments is a comprehensive record of all economic transactions between its residents and the rest of the world.
A favorable balance of payments indicates that a country has a net inflow of funds from abroad.
An unfavorable balance of payments suggests that a country is spending more on imports than it is earning from exports.
The current account balance measures the trade in goods and services, as well as net income and unilateral transfers.
