A balance of payments deficit is defined as the amount by which
quantity supplied of a country’s currency exceeds quantity demanded.
a currency must appreciate in order to reach equilibrium.
a country’s exports exceed its imports.
quantity demanded of a country’s currency exceeds quantity supplied.
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A balance of payments deficit is defined as the amount by which.a currenoy must appreciate in order to reach equilibrium.This is one of factor in trade balances. If the balance of payment which means the money flows of a country is in deficit or low it must try to appreciate or increase the cashflow in an economy to maintain a balance. ...