A balance of payments ________ is associated with a ________ of international reserves.

Question

Quizplus · Accepted Answer

A balance of payments deficit indicates that a country is spending more on imports and foreign investments than it is receiving from exports and investments in the country. This means that the country may need to dip into its international reserves to fulfill its obligations to foreign creditors, resulting in a loss of reserves.

A Balance of Payments ________ Is Associated with a ________

A Balance of Payments Is Associated with a