Which of the following is true concerning unilateral transfers in the U.S.balance of payments?
A) Unilateral transfers have been positive since World War II.
B) Unilateral transfers have been negative since World War II.
C) Unilateral transfers have been negative every year since World War II except during the war in Iraq.
D) The United States places tight restrictions on its currency being sent out of the country.
E) Developing countries ordinarily place no restrictions on its currency being sent out of their countries.
Correct Answer:
Verified
Q1: Which of the following is not true
Q6: A country's investment earnings from foreign assets
Q7: The merchandise trade balance does not include:
A)exports
Q8: The balance of payments summarizes the transactions
Q10: Which of the following is not considered
Q11: The value of a country's exports is
Q12: Table 20.1 shows a current account.In
Q13: Which of the following is not classified
Q15: Which of the following events would not
Q25: The debit side of the current account
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents