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balance of payments

Word family
Related topics: Economics
ˌbalance of ˈpayments noun [singular]  
PEthe difference between what a country spends in order to buy goods and services abroad, and the money it earns selling goods and services abroad 国际收支差额,国际收支平衡
Examples from the Corpus
From Longman Business Dictionary
balance of paymentsˌbalance of ˈpayments noun [singular]
ECONOMICS the difference between the amount of money coming into a country, for example in payment for its exports, and the amount of money going out, for example to pay for its imports
Exports are expected to increase in the current quarter, which would improve Britain’s balance of payments.
ˌbalance of ˈpayments noun
Chinese
Syllable
Corpus

See also: balance of payments

balance of payments

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