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Importance of balance of payments
Balance of payments analysis plays a positive role in compiling countries, other countries or international financial organizations. For watchmaking countries, we can know their balance of payments in time, find out the reasons of surplus or deficit, and take measures to correct them; Be able to fully grasp the source and application of foreign exchange funds and the increase and decrease of official reserves, so as to correctly prepare the foreign exchange budget; Can fully understand the country's international economic status, so as to formulate foreign economic policies suitable for national strength. For other countries or international financial organizations, we can know the balance of payments situation of the compiling country and predict the changing trend of the currency exchange rate of that country; Grasp the international capital flow of the compiling country and understand the economic strength of the compiling country; Understanding the foreign trade and international economy of all countries in the world is helpful to predict the development trend of world trade and economy.

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