Multiple Choice
A gift from the British prime minister to the American president would be classified as a _____ in the balance of payments account.
A) capital transfer
B) capital receipt
C) universal receipt
D) unilateral transfer
E) foreign aid
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q80: In the 1980s, the U.S.current account deficit
Q81: A dress manufactured in Hagen, Germany, costs
Q82: The hours of trading of North American
Q83: The statistical discrepancy account:<br>A)accounts for services.<br>B)accounts for
Q84: Which of the following is true of
Q86: Assume that the exchange rate moves from
Q87: Which of the following is included in
Q88: The euro coins can be spent only
Q89: The four main components of the current
Q90: In the balance of payment accounting, transactions