Which of the following will be included as a unilateral transfer ...

[abern]

Which of the following will be included as a unilateral transfer in the balance of payments account of a country?
 a. Transportation costs involved in traveling from a foreign country to the domestic country
  b. A foreign worker in the domestic country sending money to his home country
 c. Compensation earned by foreign workers in the domestic country
 d. Royalties paid to residents working in a foreign country
 e. Income paid on foreign-owned investments in the domestic country

Question 2

Which of the following will be included in the services account of a country?
 a. Imports of goods from a foreign country
 b. Gifts to the residents of a foreign country
 c. Exports of goods to a foreign country
 d. Purchase of land in a foreign country
 e. Transportation costs involved in international travel

[carlsona147]

Answer to Question 1

b

Answer to Question 2

e

[abern]

Excellent

[amcvicar]

TYSM