Daily Almanac for
May 25, 2012
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Dictionary


bal'ance of pay'ments




the difference between a nation's total payments to foreign countries, including movements of capital and gold, investments, tourist spending, etc., and its total receipts from foreign countries.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

balance of naturebalance of power
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