Remittances from Mexicans working abroad,philanthropic donations to Mexican charities,and aid money donated by foreign countries would be included in the ____ part of Mexico's current account.

Question

Quizplus · Accepted Answer

Unilateral transfers refer to transfers of money made without any expectation of receiving something of equal value in return. Remittances from Mexicans working abroad, philanthropic donations and aid money donated by foreign countries are all examples of unilateral transfers and would therefore be included in this part of Mexico's current account.

Remittances from Mexicans Working Abroad,philanthropic Donations to Mexican Charities,and Aid