____________ is an example of a debit transaction in the balance of payments.
A)Exports of goods and services
B)Unilateral transfers from foreigners
C)Unilateral transfers to foreigners
D)Capital inflows

Question

Quizplus · Accepted Answer

Unilateral transfers to foreigners are considered a debit transaction in the balance of payments because they represent an outflow of domestic currency to foreign entities without a corresponding inflow.

____________ Is an Example of a Debit Transaction in the Balance