Yes, as the balance of trade is only one part of the balance of payments
Balance of payment is the difference between the money coming into the country and the money leaving the same country.
an imbalance of trade. More going in one direction that the other.
The Balance of Payments (BoP) is comprised of the Current Account, as well of the Capital and Financial Account. Within the Current Account, one will find a subcategory called Goods. The Balance of...
Plus $85 billion