Jane lives and works in New York.Every month she sends $500 to her mother in London.This is an example of a(n) ________.
A) export to the United Kingdom
B) import from the United Kingdom
C) factor payment to the United Kingdom
D) transfer payment to the United Kingdom
Correct Answer:
Verified
Q124: Factor payments from foreigners represent payments that
Q125: The correct calculation for the current account
Q126: Transfers to foreigners represent gifts from the
Q127: Foreign residents can receive income-based payments in
Q128: The dividend earned by a domestic resident
Q130: Edward lives in England,and he makes a
Q131: The U.S.government spent $5 million providing food
Q132: When the United States imports goods from
Q133: Factor payments to foreigners represent remittances from
Q134: When the United States exports goods to
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