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What is balance of payment?

Updated: 4/27/2022
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14y ago

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It is the balance of all international transactions of a country. Credits (inflows) such as from exports and investments received are positive and debits (outflows) such as imports and investments paid out are negative. Give a look at the US CIA´s The World Fact Book at: https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html I was not able to weblink CIA´s site to WikiAnswers; perhaps because it is https

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15y ago
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14y ago

What is balance of payment deficit

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