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Balance of payments deficit

Updated: 4/28/2022
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Bmwlamp

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9y ago

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A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative.

A balance of payments deficit is,when government expenditure is more than government revenue

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It has a balance of payments deficit.


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