Similar words: balance of, payment, repayment, balance, balanced, on balance, hang in the balance, in advance of. Meaning: n. a system of recording all of a country's economic transactions with the rest of the world over a period of one year.
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91. In your private household, you would surely prefer to pay less for more rather than the other way around, yet that would be termed an "unfavorable balance of payments" in foreign trade.
92. The policy of expanding exports and restricting imports have led a huge surplus in China's international balance of payments in recent years.
93. A favorable balance of payments in forex of a calendar year refers to greater forex earnings than expenditures within the same year, excluding the amount carried over from the previous year.
More similar words: balance of, payment, repayment, balance, balanced, on balance, hang in the balance, in advance of, preponderance of evidence, in defiance of, nonchalance, avalanche, in consequence of, elements, in the presence of, enjoyment, glance, employment, commencement, parlance, unemployment, freelance, ambulance, petulance, vigilance, accomplishments, management system, surveillance, glance through, entrance.