Which of the Following Is True of Unilateral Transfers in the U.S

question 178

Multiple Choice

Which of the following is true of unilateral transfers in the U.S. balance of payments?

• A) Unilateral transfers have been positive since World War II.
• B) Unilateral transfers have been negative since World War II.
• C) Unilateral transfers have been negative every year since World War II, except during the war in Iraq.
• D) The United States places tight restrictions on its currency being sent out of the country.
• E) Developing countries ordinarily place no restrictions on its currency being sent to the United States.

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Definitions:

Trade

The exchange of goods, services, or both between two or more parties, either within the same country or internationally.

Textbook

A book containing comprehensive coverage of a subject, often used for academic study and instruction.

Marginal Utility

The supplementary satisfaction or value derived from the consumption of one more unit of a good or service.

Lobster Dinner

A meal featuring lobster as the main course, often considered a luxury or special occasion dish.