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balance of payment surplus ECON

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Foreign-exchange reserves are called reserve assets in the balance of payments and are located in the capital account.
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However, running the deficit on the current account of the balance of payments in the long term would erode confidence in the dollar.
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All of these factors contribute to its heavy dependence on foreign assistance to help support its balance of payments and to finance development projects.
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But, also, the country's balance of payments crisis.
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In the traditional accounting of balance of payments, the current account equals the change in net foreign assets.
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Strong export performance, including earnings from tourism, and external aid have helped improve the overall balance of payments and increase international reserves.
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However, in reality, the aggregate includes "more" than just gross wages, at least in national accounts and balance of payments statistics.
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However, the move to fixed exchange rates together with import licensing drastically curtailed exports, and the balance of payments problem became acute.
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This would be balance of payments, general problems, such as inflation or taxation and land holding.
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The industrial base was so reduced that thereafter the balance of payments in manufactured goods was in deficit.
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