When one national government provides aid to another country's government, the value of the aid shows up in what part of the balance of payments accounts of the nations?

Question

Quizplus · Accepted Answer

When one national government provides aid to another country's government, the value of the aid is recorded in the current account of the balance of payments. This is because the current account includes transfers of goods, services, income, and current transfers, which encompass aid and grants.

When One National Government Provides Aid to Another Country's Government