Examlex
Which of the following statements correctly describes endocrine glands?
Current Account Balance
The current account balance is a country's trade balance plus net income and direct payments between it and other countries, indicating a nation's foreign trade and financial status.
Statistical Discrepancy
The difference between the sum of the components of GDP calculated on the income side and the expenditure side, due to measurement errors and data omissions.
International Reserves
International reserves are assets held by central banks in foreign currencies, gold, and special drawing rights, serving as a means to pay off international debt obligations or influence currency exchange rates.
Unilateral Transfers
These are one-way transfers of funds or resources from one country to another or from governments to international organizations without a direct reciprocal expectation.
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