Examlex
The balancing items in a financial planning model are variables that adjust to maintain the consistency of a financial model. They are also known as plugs.
Balance Of Payments
A financial statement summarizing a country's transactions with the rest of the world, including exports, imports, and capital flows, over a specified period.
Rate Of Exchange
The value of one currency for the purpose of conversion to another; it's how much of one currency can be exchanged for another currency.
British Pounds
The official currency of the United Kingdom, a major global currency used for various transactions and reserves.
Current Account Deficit
A situation in which a country's total imports of goods, services, and transfers are greater than the country's total export.
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