First of all, the imbalance of international payments will lead to the depreciation of the domestic currency. Since exports are less than imports, the country's foreign exchange reserves will decrease, which will lead to currency depreciation. Currency devaluation will reduce the price of the country's export products, which will lead to a decline in the sales of export products, and then affect the country's economic development.
Secondly, the imbalance of international payments will lead to the reduction of national fiscal revenue. Due to the imbalance of international payments, the national fiscal revenue will be reduced, which will have a great impact on the national economic development.
In addition, the imbalance of international payments will lead to an increase in the country's foreign debt. When the country's foreign exchange reserves decrease, the country will have to borrow foreign debt to make up for the gap in foreign exchange reserves, which will increase the country's foreign debt and thus increase the country's debt burden.
Finally, the imbalance of international payments will affect international investment. The imbalance of international payments will lead to the devaluation of the domestic currency, which will affect the country's international investment, and international investors may give up their investment in the country, which will have an adverse impact on the country's economic development.
In short, the imbalance of international payments will have a negative impact on the country's economic development, and the country should take effective measures to correct it to ensure the country's economic development. First of all, the state should take effective measures to strengthen exports, improve the quality and price of export products, thereby increasing the country's export volume; Secondly, the state should take effective measures to control imports and reduce imports as much as possible to reduce the country's imports; Finally, the state should take effective measures to raise the currency exchange rate, so as to stabilize the currency exchange rate and promote the national economic development.