What is another word for balance-of-payments problem?
Pronunciation: [bˈalənsɒvpˈe͡ɪmənts pɹˈɒbləm] (IPA) 
The term "balance-of-payments problem" refers to a situation where a country's imports exceed its exports, leading to a deficit in its balance of payments. Synonyms for this term include "trade deficit," "current account deficit," or "external deficit." Other related terms include "currency imbalance," "foreign exchange crisis," and "trade gap." These terms are often used interchangeably to describe the same economic phenomenon. A balance-of-payments problem can have significant economic implications for a country, leading to inflation, currency depreciation, and other economic challenges. As such, policymakers often focus on strategies to improve a country's balance of payments, such as promoting exports, reducing imports, or limiting capital outflows.
