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Does the balance of payment always balance?

Updated: 8/18/2019
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International Balance of Payments

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Q: Does the balance of payment always balance?
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If the Balance of payment always always balances then why you have deficit in the balance of payment What measure can be government take to address an in-balance in the Balance of payment?

when they are talking about the deficit or surplus they are usually only talking about the current account. The balance of payments will balance because the other accounts in it (Capital, financial and erros and ommissions) will account for the other parts eg if current account has defiecit of 100m the capital, financial and erros and ommisions will have a surplus of 100m


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Advantages and disadvantage of balance of payment?

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India's balance of payment since 1991?

India's balance of payment since 1991


Elements of balance of payment?

Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.


What is balance of trade and payment?

Balance of payment is the difference between the money coming into the country and the money leaving the same country.


What are the effect of deficit in balance of payment in developing countries like Nigeria?

ways of controlling deficit balance of payment in nigeria


Why would it be useful to examine a country's balance of payment data?

why would it be useful to examine a country balance of payment data


What is Canada balance of trade and balance of payment?

Plus $85 billion


What is balance of payment of Pakistan 2011?

Balance of payments in pakistan in 2011


What is the difference between the balance of trade and the balance of payments?

the balance of trade is how much you receive the balance of payment is how much you pay


Are late fees removed from the balance when paid with a regular payment?

Yes, for most loans. For most loans, the late fee is added to the minimum payment required (and the balance at the time of incurring the late fee) and will be deducted from the balance once the payment is received.