If the US government gives a US bank balance of $900 to the government of Argentina as aid,what entries would be made in the US balance of payments?

Question

Quizplus · Accepted Answer

When the US government gives $900 to the government of Argentina as aid, it is considered a unilateral transfer. Therefore, a debit of $900 will be made under unilateral transfers made. The $900 received by Argentina is considered a capital inflow, and therefore a credit of $900 will be made under Capital inflow.

If the US Government Gives a US Bank Balance of $900