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Home > Terms > English, UK (UE) > External balance
External balance
1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments. Contrasts with internal balance.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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