external balance
the current account balance; the net flow of liquid -ssets to the citizens of a particular country. the external balance includes the trade balance, net foreign factor income, and net foreign aid -received-. usually the main cause of an external deficit is a trade deficit.
external balances are critical to good economic policies.
the current account balance; the net flow of liquid -ssets to the citizens of a particular country. the external balance includes the trade balance, net foreign factor income, and net foreign aid -received-. usually the main cause of an external deficit is a trade deficit.
external balances are critical to good economic policies.
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