Unilateral Transfers Between Countries Are

question 59

Multiple Choice

Unilateral transfers between countries are

• A) long-term loans.
• B) part of national income, but not part of the current account
• C) part of the current account, but not a part of national income.
• D) known for reducing the income of capital owners.
• E) international gifts or payments that do not correspond to the purchase of any good, service, or asset.

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Definitions:

Middle Phase

The central period of a process or sequence of events, often characterized by significant developments or changes.

Adjustment

The process of adapting or modifying behavior, attitudes, or conditions in response to new or altered circumstances.

Working Hard

Putting significant effort, dedication, and perseverance into completing tasks or achieving objectives.

Structure

The arrangement of and relations between the parts or elements of something complex.