What helps contribute towards a positive balance of payments for a country?

A positive balance of payments for a country can be contributed by a strong export sector, where the value of goods and services sold abroad exceeds imports. Attracting foreign investment and tourism also enhances the inflow of foreign currency. Additionally, maintaining a competitive exchange rate can make exports more attractive and imports more expensive, further supporting a favorable balance. Effective government policies and economic stability also play crucial roles in fostering a positive balance of payments.