unfavourable balance of payments
1unfavourable balance — A balance of trade or balance of payments deficit …
2unfavourable — un‧fa‧vour‧a‧ble [ʌnˈfeɪvrəbl] , unfavorable adjective opposite to what is needed or wanted: • Market conditions had become unfavourable. • an unfavourable balance of payments (= when a country imports more than it exports ) * * * unfavourable… …
3balance of trade — the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. [1660 70] * * * Difference in value over a period of time between a nation s imports and… …
4gold standard — a monetary system with gold of specified weight and fineness as the unit of value. [1825 35, Amer.] * * * Monetary system in which the standard unit of currency is a fixed quantity of gold or is freely convertible into gold at a fixed price. The… …
5Iran, ancient — Introduction also known as Persia historic region of southwestern Asia that is only roughly coterminous with modern Iran. The term Persia was used for centuries, chiefly in the West, to designate those regions where Persian language and… …
6import quota — An import restriction imposed on imported goods, to reduce the quantity of certain goods allowed into a country from a particular exporting country, in a stated period. The purpose may be to conserve foreign currency, if there is an unfavourable… …
7Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …
8Russia — /rush euh/, n. 1. Also called Russian Empire. Russian, Rossiya. a former empire in E Europe and N and W Asia: overthrown by the Russian Revolution 1917. Cap.: St. Petersburg (1703 1917). 2. See Union of Soviet Socialist Republics. 3. See Russian… …
9United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
10government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …
