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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Definitions:

Ground Tissue

The tissue of a plant that makes up the majority of its non-woody structures, filling the space between the dermal and vascular tissue systems.

Ground Tissue System

The bulk of the primary plant body, consisting of three types of plant cells - parenchyma, collenchyma, and sclerenchyma - which perform various functions including photosynthesis, storage, and support.

Epidermis

The outer layer of cells covering an organism, particularly the surface epithelium of the skin on the body of an animal.

Photosynthesis

The process by which green plants, algae, and some bacteria convert light energy, usually from the sun, into chemical energy stored in glucose, using carbon dioxide and water.