Edward lives in England,and he makes a donation of $100,000 to a charitable organization in the United States.Edward's donation will be considered ________.

Question

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Edward's donation is considered a transfer payment to foreigners because it is a unilateral transfer of funds from a resident of one country (Edward in England) to a recipient in another country (the charitable organization in the United States), without any direct exchange of goods or services.

Edward Lives in England,and He Makes a Donation of $100,000