balance of payments is an accounting statement of the money value of international transactions between one nation and the rest of the world over a specific time period. The statement shows the sum of transactions of individuals, businesses, and government agencies located in one nation, against those of all other nations.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). balance of payments. Retrieved September 29, 2026, from http://smartdefine.org/balance_of_payments/definitions/1148273 |
| Chicago | Barry Goldsmith. 2010. "balance of payments" http://smartdefine.org/balance_of_payments/definitions/1148273 (accessed September 29, 2026). |
| Harvard | Barry Goldsmith 2010, balance of payments, Smart Define, viewed 29 September, 2026, <http://smartdefine.org/balance_of_payments/definitions/1148273>. |
| MLA | Barry Goldsmith. "balance of payments" 21 October 2010. Web. 29 September 2026. <http://smartdefine.org/balance_of_payments/definitions/1148273> |