balance of payments tee

the sum of the capital account balance and the current account balance; put another way, the net change in financial reserves of a country, whether in the form of income (current account) or foreign investments (capital account) For example, in all years since 1980, the USA has run a large-to-huge current account deficit, but in most years it has run a capital account surplus that is almost as big as the current account deficit. As a result, the USA has run a medium-to-large balance of payments deficit over this period. A commonly-overlooked byproduct of BoP is that it determines whether or not a currency can be used as an international reserve currency. Despite repeated efforts by the governments of the EU and Japan to get their currencies established as such, they have failed to dent the US dollar's global primacy as the money for international transactions. This is because EU member states and Japan (as well as other major economies) run very large surpluses in their BoP. Japan, in particular, imports extremely little, and retains huge reserves rather than invest all of its net export earnings overseas. As a consequence, overseas holdings of euros or yen are much to small to serve as an alternative to the US dollar.

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The Urban Dictionary Tee

  • Soft, lightweight everyday tee
  • Comfortable unisex fit
  • Combed and ring-spun cotton blend
  • Pre-shrunk fabric with a tear-away label
  • Bella+Canvas 3001
  • Every order personally reviewed
  • Returns & defect-free guarantee

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Customer Reviews

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I always get so many compliments when I wear this (my favorite) shirt. I have been able to give out my phone number to lots of nice old men and my parents think it's great that I have so many nice mentors grooming me into a nice young boy who is willing to "follow the rules ".

Rick S. Sep 11

Very comfortable and love the tyoeface

John E. Sep 5
✓ Verified Purchase

Very nice t-shirt. Fits perfect.

Angela J. Sep 2
✓ Verified Purchase

FUCK you urban dictionary.

Nah N. Aug 21
Review by Malachy G.

My brother loved the shirt and the dogs name is cum stain

Malachy G. Aug 6
✓ Verified Purchase

The small shirts for men looks like an extra small. Other than that I love the shirt.

Dian C. Aug 5
✓ Verified Purchase

AMAZING I GOT THE HILAARIOUS SHIRT AND LOVE IT MORE THAN ANYTHING!

scarlett Jul 31
Review by Kristen G.

I absolutely loveeeeeeee my shirt ! Fast shipping too !

Kristen G. Jul 22
✓ Verified Purchase

hehe mine said skibidi

alpha g. Jul 22
Review by Fred F.

Feels great love the shitt

Fred F. Jul 3
✓ Verified Purchase

Great shirt. Great service. Shopify doesn’t track the shipment accurately though. However, when I reached out to Urban Dictionary customer service, they were able to help me.

Smitha M. Jul 3
✓ Verified Purchase

Wore it to school.

Monica L. Jun 28

Love this shirt so much

Joey L. Jun 16
✓ Verified Purchase
Review by No M.

I love this t-shirt that says morbussy. It allows me to show off both my love for Morbius and the fact that I get no Morbussy.

No M. Jun 15

This shirt feels great, perfect fit too.

Tyler S. Jun 6
✓ Verified Purchase

Great looking t-shirt. Good quality. Printing looks good.

Jane B. Jun 3
✓ Verified Purchase

Cool I didn’t order anything I just have a lot of free time and not a lot of hobbies

Hi May 31

Fun and soft.

Donald G. May 21
✓ Verified Purchase

Good stuff! Although, I do have a sneaking suspicion that this is cursed. You see, whenever i dawn this top-teir, soft, stylish shirt - I proceed to pass out within 46 seconds. The mere act of making contact with the material insues the process of this countdown starting. If I do not quit contact, i will lose conciousness the exact moment the countown hits 0. And when I regain clarity, I find myself in a bathtub - never mine, but a bathtub nevertheless. In the bathtub, there is always various colours of hairdye. I then have to go back home, shirt stained with dye. Very fashionable though! 10/10

Ally B. May 20

Smooth transaction and nice product, shipping was quick!

M U. May 16
✓ Verified Purchase
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