Background and terminology 1.balance of payments国际收支 It refers to the relationship between the amount of money a nation spends abroad and the income it receives from other nations.The balance of payments can be used as an indicator of a nation's economic stability. Changes in the balance of payments can affect the exchange rate of a country's currency. 制价爱行蜀易大考Background and terminology Background and terminology 1.balance of payments 1.balance of payments 国际收支 It refers to the relationship between It refers to the relationship between the amount of money a nation spends the amount of money a nation spends abroad and the income it receives abroad and the income it receives from other nations. The balance of from other nations. The balance of payments can be used as an indicator payments can be used as an indicator of a nation's economic stability. of a nation's economic stability. Changes in the balance of payments Changes in the balance of payments can affect the exchange rate of a can affect the exchange rate of a country's currency. country's currency