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What does balance of payments mean?

April 26, 2017Balance balance of payments context examples definition dictionary english learning mean PAYMENTS sense synonyms

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What does balance of payments mean?

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• BALANCE OF PAYMENTS (noun) The noun BALANCE OF PAYMENTS has 1 sense: 1. a system of recording all of a country’s economic transactions with the rest of the world over a period of one year Familiarity information: BALANCE OF PAYMENTS used as a noun is very rare.