HomeVocabularyEconomicsGrades 7–8 › Balance Of Payments
Economics · Grades 7–8

Balance Of Payments

noun

Record of all economic transactions between a country and others.

Example Sentences

"Balance of payments includes trade and investments."

"A surplus means more exports than imports."

Synonyms & Related Terms

international accounts

Quick Check

Which best describes the meaning of balance of payments?

Study Tips

To remember balance of payments, try writing it in a sentence of your own. Connect it to something you already know about economics.

Use it in conversation today — saying a word aloud three times helps lock it into long-term memory.

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