Unilateral Transfers Between Countries Are

question 32

Multiple Choice

Unilateral transfers between countries are

• A) long-term loans.
• B) only international gifts, never payments that do not correspond to the purchase of any good, service, or asset.
• C) part of the current account but not a part of national income.
• D) known for reducing the income of capital owners.
• E) the difference between Y and GNP if the identity Y = C + I + G + CA holds exactly.

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