Which of these is(are) true? I. Money sent to the UN in New York by the United States is considered a transfer.
II) The purchase of Apple stock by German investors is considered income received.
III) A U.S. student's purchase of a restaurant meal in Spain while on vacation is considered a U.S. export.

Question

Quizplus · Accepted Answer

Money sent to the UN in New York by the United States is considered a transfer because it is a financial transaction that does not involve the exchange of goods or services.

Which of These Is(are) True? I