When There Is a Negative Entry for Unilateral Transfers in the Balance

question 144

Multiple Choice

When there is a negative entry for unilateral transfers in the balance of payments, it means that

• A)there must be an offsetting positive sign in the capital account.
• B)U.S. residents gave more to foreign residents than foreign residents gave to U.S. residents.
• C)U.S. residents purchased less services from foreign countries than foreign countries purchased from U.S. residents.
• D)U.S. residents purchased more services from foreign countries than foreign countries purchased from U.S. residents.

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