What is another word for balance of payments?

Pronunciation: [bˈaləns ɒv pˈe͡ɪmənts] (IPA)

Synonyms for the term "balance of payments" may include terms like international accounts, trade balance, current account, or financial balance. All of these related phrases refer to the overall economic balance between a country's imports and exports. Understanding the balance of payments is important for economists, businesses, and policymakers, as it helps to shed light on a country's economic situation and its relationship with other countries in the global economy. By monitoring the balance of payments, countries can identify potential trade imbalances and work to correct them, promote international trade growth, and support healthy economic growth overall.

Synonyms for Balance of payments:

What are the hypernyms for Balance of payments?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    current account balance, economic balance, financial transactions balance, international trading balance.

Famous quotes with Balance of payments

  • The question is not really about a shift to the economic cone where officers are writing about the balance of payments and the need for economic stabilization.
    Lawrence Eagleburger
  • So if the euro, if Euroland is to become a reserve center, if the euro is to become a reserve currency, Euroland will have to have a deficit in its overall balance of payments.
    Robert C. Solomon
  • The United States as usual has a sizable deficit in the current account of its balance of payments, trade account and other current accounts, current account items.
    Robert C. Solomon
  • Keynes’s design was in favour of the liberalization of the economy and the capital’s transfers, for the main purpose of monetary stability. To avoid devaluation of currencies - a practice followed by governments in order to sustain their export - Lord Keynes planned to introduce “Bancor”, a money of account to be accepted by all countries in international exchanges. The international body to be organized would get interests both from debtor and creditor countries, in order to finance the balance of payments system (p. 130).
    Nico Perrone

Related words: payment balance, country balance of payments, balance of payment, balance of payments definition, balance of payment crisis

Related questions:

  • What is the balance of payments?
  • Balance of payments and trade in international economics?
  • What does the balance of payments show?
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