Unilateral payments include pensions,private transfers and ________.
A) Demand deposits
B) Foreign aid
C) Tradable goods
D) Tradable services

Question

Quizplus · Accepted Answer

Unilateral payments refer to transactions where one country provides funds to another country without receiving any goods or services in return. Examples include foreign aid, pensions, and private transfers. Among the given options, only foreign aid represents a unilateral payment. Demand deposits, tradable goods, and tradable services involve exchange transactions where one party receives goods or services in exchange for something of equal value.

Unilateral Payments Include Pensions,private Transfers and ________