Because of the accounting techniques used, the balance of payments shows that debits equal credits only if exports equal imports.

Name: Because of the accounting techniques used, the balance of payments shows that debits equal credits only if exports equal imports.
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The balance of payments shows that debits equal credits regardless of whether exports equal imports. It is possible for a country to have a surplus or a deficit in one or both categories.

Because of the Accounting Techniques Used, the Balance of Payments