Example sentences of "[adj] balance [prep] [noun pl] [noun] " in BNC.

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1 However , the weakness of the adjustment mechanism became critical when the United States , the linchpin of the system , suffered continual balance of payments problems .
2 As a result of the limited increase in exports most governments will continue to experience serious balance of payments difficulties , although in some countries sometimes offset by earnings from minerals such as oil and diamonds .
3 Throughout its post-war history Yugoslavia has exhibited a strong tendency to serious Balance of Payments deficit .
4 The United Kingdom had a serious balance of payments problem in manufactured goods , which was only partly disguised by the revenue beginning to flood in from North Sea oil , which had a limited life .
5 An income elasticity of demand for imports which was higher than the corresponding change in foreign demand for British goods imposed a serious balance of payments constraint because of the requirement to maintain a fixed exchange rate .
6 Second , the 1965 US " voluntary restraint programme " ( made mandatory in 1968 ) imposed limits on outward direct investment ( unless US multinationals could show offsetting balance of payments earnings ) , and discouraged loans by US banks of over one year to international borrowers including subsidiaries of US multinationals .
7 BRITAIN remains on course for its biggest annual balance of payments deficit despite a better-than-expected trading performance last month .
8 Increased government borrowing tends , under such a monetary policy regime , to lead to increased domestic credit expansion and hence ensures that current account difficulties quickly become overall balance of payments problems .
9 So they tended to have chronic balance of payments surpluses , which stoked up inflationary pressure by maintaining high demand for goods .
10 In the same report another contributor comments , " For EMU to be sustainable , the economies of countries forming the union must be similarly competitive or else some countries would be faced with the equivalent of a constant balance of payments deficit which , in EMU , would be reflected in terms of stagnation and unemployment . "
11 The relative decline of US capital ( chapter 10 ) was reflected in large balance of payments deficits as US goods became less and less competitive and war expenditures in Vietnam climbed .
12 Compensating financing facility Set up in 1963 , this line of credit was made available to countries which had exceptional balance of payments problems caused by special factors , such as a major crop failure , and beyond the control of a particular government .
13 A major balance of payments deficit when the economy is in deep recession has not occurred before in this country .
14 A major balance of payments deficit when the economy is in deep recession has not occurred before in this country .
15 The election coincided with a precipitous slide in the popularity of a Conservative government struggling with a severe balance of payments deficit .
16 THE European Commission on Wednesday approved an EC loan of one billion Ecus ( £800 million ) to help Hungary overcome severe balance of payments problems , the first organised for a non-EC country .
17 THE European Commission on Wednesday approved an EC loan of one billion Ecus ( £800 million ) to help Hungary overcome severe balance of payments problems , the first organised for a non-EC country .
18 On the other hand , it may also cause governments with weak domestic demand and severe balance of payments problems to reduce demand further and generate even higher unemployment to the detriment of the national economy .
19 What the media did not show was the concern of Spanish economists and financiers over rising inflation and a mounting balance of payments deficit ; the widening gap between conditions of life and work in town and country ; emigration on a rapidly growing scale ; or the conflict latent in Spanish universities between a desire for greater intellectual freedom and the constraints of an antiquated , paternalistic education system .
20 There were the first hints in the late 1950s of American balance of payments problems , and these strengthened the calls for higher tariffs .
21 One of the reasons for the exchange rate adjustments is that inflation rates and trade performances of member countries have failed to converge sufficiently , making exchange rate adjustments necessary in order to maintain a reasonable degree of competitiveness and prevent excessive balance of payments imbalances .
22 The incentive to export seems to have been considerably reduced , and in 1987 Yugoslavia found itself in an increasingly difficult balance of payments position .
23 It was subsequently reported that West Germany had agreed to a request by Shevardnadze for a DM 5,000 million government-guaranteed loan to the Soviet Foreign Trade Bank , with which to finance the Soviet balance of payments deficit .
24 Also , a high interest rate strategy is partly the result of a high level of world interest rates and partly because of an adverse balance of payments position .
25 Implementation , however , was slow — not so much from a lack of conviction as from the constraints of the chronic debt and adverse balance of payments situation .
26 All the above arrangements were made in order that members of the IMF could finance any short-term balance of payments deficit without variations in their exchange rates .
27 In this context , if there exist differences in the unit cost and therefore the competitiveness of nations which are not connected in a customs or monetary union , then attempts to eliminate such differences ( reflected in associated balance of payments positions ) can potentially be made via trade restrictions or movements in relative exchange rates , although the effectiveness of the latter policy is by no means certain .
28 He argued that the system was bound to collapse , either because a liquidity shortage would ensue if the supply of dollars failed to keep pace with the growing world demand , or because the persistent balance of payments deficits of the USA ( which provided dollars to the world ) would reduce confidence in the dollar and so lead to the conversion of official dollar balances into gold .
29 Continuous adjustment If a country is suffering balance of payments difficulties because of a long-run decline in its competitive position , then a floating exchange rate allows a gradual depreciation of the home currency to come about , thus providing a continuous stimulus to exports and a continuous discourage-ment to imports .
30 During this era the advanced industrialised nations , i.e. OECD countries , as a whole , experienced full employment , economic growth , low inflation and relative balance of payments stability .
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