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...in operation. Another is that if the money supply is held constant, the [[balance of payments]] is self-correcting.

...in operation. Another is that if the money supply is held constant, the [[balance of payments]] is self-correcting.

...especially because both the U.S. and the British economies suffered severe balance of payments deficits.

...others. Unlike most of the others, they had developed deficits on their [[balance of payments]] current accounts (largely attributable to the effect of the euro's exchan

* [[Balance of payments]]

...n University Press 2004 </ref>., that was because, whereas countries with balance of payments deficits were forced to reduce deflate in order to preserve their gold res

...ity, and provides temporary financial assistance to countries to help ease balance of payments adjustment, and the [[World Bank]]<ref>[http://www.worldbank.org/ World Ba

...reate a socialist state were stymied by a severe economic crisis caused by balance of payments deficits, rising foreign debts, and the need to maintain an expensive socia