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

Question

Quizplus · Accepted Answer

A balance of payments surplus means that the country has a net inflow of funds and is exporting more than it is importing. This results in an increase in the country's international reserves, as there are more foreign currencies coming into the country than going out. Therefore, a surplus is associated with a gain in international reserves.

A Balance of Payments ________ Is Associated with a ________

A Balance of Payments Is Associated with a