Remittances by foreigners in the U.S.,pension paid and aid offered by the U.S.to its citizens living abroad are examples of:

Question

Quizplus · Accepted Answer

Remittances, pensions and aid are all examples of unilateral transfers, which are defined as transfers of wealth from one country to another without the expectation of a corresponding benefit. They are typically included in the current account of a country's balance of payments.

Remittances by Foreigners in the U