Examlex
Which statement is true?
British Pound
The currency of the United Kingdom, known officially as the pound sterling, and recognized by its symbol £.
Exports
Goods or services produced in one country and sold to buyers in another, contributing to a country's economic growth and balance of trade.
Imports
Goods and services bought by a country from another country.
Trade Deficit
The amount by which the value of a nation’s imports exceed the value of its exports.
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