Unilateral Transfers Represent

question 189

Multiple Choice

Unilateral transfers represent

• A)the balance of services coming into a country.
• B)the balance of government bonds bought and sold by residents of a country.
• C)the balance of financial gifts-both private and public-entering and leaving a country.
• D)the balance of official transfers within an economy.

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Definitions:

Indian Slave Trade

The historic trade in Native American peoples for the purpose of forced labor, particularly prominent during European colonization of the Americas.

First Indians

The indigenous peoples of the Americas, often referred to as Native Americans, who lived in the continent for thousands of years before European exploration.

Horses

Large, four-legged animals domesticated for riding, work, and sports, known for their speed and strength.

Spanish Power

Refers to the period of Spanish global dominance from the late 15th to early 17th centuries, characterized by vast colonial expansion, wealth from the Americas, and military strength.