Examlex
An advantage of written communication is that the receiver of the message can gauge the sender's sincerity.
Net Unilateral Transfers
Financial flows from one country to another that are not reciprocated, typically covering aid, grants, and remittances.
Financial Account Surplus
A situation where the incoming financial resources (like foreign investments) into a country exceed the resources flowing out of the country.
British Pound
The official currency of the United Kingdom, also known as Sterling, used across the UK and its territories.
Appreciates
An increase in the value of an asset or currency over time, often due to market demand or economic conditions.
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