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External balance |
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External balance1. Balance of payments equilibrium. 2. Any target value for the balance on current account, balance on capital account, or balance of payments.Similar MatchesExternal economyExternal economyPositive externality. External debtExternal debtThe amount that a country owes to foreigners, including the debts of both the country's government and its private sector. Harmful externalityHarmful externalityNegative externality. Positive externalityPositive externalityA beneficial externality; that is, a beneficial effect of one economic agent's actions on another. Considered a distortion because the first agent has inadequate incentive to act. Examples are the attractiveness of well-kept farms for the tourism industry (a production externality) and reduced contagion of disease due to vaccines (a consumption externality). External increasing returns to scaleExternal increasing returns to scaleExternal economies of scale. Further SuggestionsNegative externalityExternal diseconomy External economies of scale Consumption externality Externality Common external tariff Externalities argument for protection Production externality External funds |
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