What is a unilateral transfer?
A) A merchandise export
B) A retirement pension sent to another country
C) A royalty receipt on a foreign patent
D) A salary earned abroad
E) All of these are examples of unilateral transfers.

Question

Quizplus · Accepted Answer

A unilateral transfer refers to a one-way transfer of funds or assets between countries, where there is no direct exchange of goods or services. A retirement pension sent to another country is an example of a unilateral transfer as it involves the transfer of wealth without any direct exchange of goods or services. The other options listed are not unilateral transfers as they involve the exchange of goods or services.

What Is a Unilateral Transfer