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Q: What is the balance of payment IMF definition?
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What advice does the IMF give financially struggling countries?

The IMF encourages such countries to restructure their economies to create better economic conditions and better balance of payment conditions.


What is multilateral payment system of IMF?

Having many side of systems of payment


How can the IMF legally put a stop payment on a benefeciarys funds?

They can't. The IMF is not a bank and has no jurisdiction in the conduct of normal monetary transactions.


Advantages and disadvantages of balance of payment?

advantages of balance of payment


Advantages and disadvantage of balance of payment?

advantages of balance of payment


How does IMF help member countries in dealing with their temporary balance of payments problems?

The IMF aims at helping its memebere to overcome their balance of payments problems of temporary nature.It sells those currencies to the member countries whi


India's balance of payment since 1991?

India's balance of payment since 1991


Does the balance of payment always balance?

International Balance of Payments


How does the IMF try to stabilize the international monetary system?

The IMF endeavors to stabilize the international monetary system by temporarily lending resources in the form of foreign currencies and gold to countries experiencing international payment difficulties.


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.


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