When there is a negative entry for unilateral transfers in the balance of payments, it means that
A) there must be an offsetting positive sign in the capital account.
B) U.S. residents gave more to foreign residents than foreign residents gave to U.S. residents.
C) U.S. residents purchased less services from foreign countries than foreign countries purchased from U.S. residents.
D) U.S. residents purchased more services from foreign countries than foreign countries purchased from U.S. residents.
Correct Answer:
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Q51: To know whether a particular situation for
Q52: Current account transactions are all payments that
Q66: Q72: An example of an import of a Q73: The effect that a gift given to Q74: Unilateral transfers are Q80: Which of the following is NOT a Q82: Suppose the current account of a country Q93: The difference between exports and imports of Q97: The total of all economic transactions between![]()
A) transactions that take place
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