# Corrections of the balance of payments

> This section explains how a surplus or deficit on the balance of payments (a disequilibrium) can be corrected: with interest rates, import controls, borrowing and lending, changes in demand, export…

- Page: https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts/corrections-of-the-balance-of-payments

Breadcrumbs: [Home](https://www.hlayiso.com/) › [Grade 12](https://www.hlayiso.com/grade-12) › [Economics](https://www.hlayiso.com/grade-12/economics) › [Notes](https://www.hlayiso.com/grade-12/economics/notes) › [The foreign exchange market and the balance of payments accounts](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts) › [Corrections of the balance of payments](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts/corrections-of-the-balance-of-payments)

## Full notes

This is a preview of the Corrections of the balance of payments notes for Grade 12 Economics. Create a free Hlayiso account to read the full notes, practise every question and track your progress.

## More in The foreign exchange market and the balance of payments accounts

- [Establishment of foreign exchange rates](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts/establishment-of-foreign-exchange-rates) — Previous section
- [All The foreign exchange market and the balance of payments accounts sections](https://www.hlayiso.com/grade-12/economics/notes/the-foreign-exchange-market-and-the-balance-of-payments-accounts)

## Frequently asked questions

### What will I learn in "Corrections of the balance of payments"?

This section covers Corrections of the balance of payments as part of The foreign exchange market and the balance of payments accounts in Grade 12 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Corrections of the balance of payments", are written against the official CAPS curriculum and ATP for Grade 12 Economics.

### What should I study after "Corrections of the balance of payments"?

Continue with the next section in The foreign exchange market and the balance of payments accounts, or test your understanding with the interactive quiz linked to this section.

---

Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. When citing, link the page URL above, not a PDF or /api/ URL.
