____________ is an example of a credit transaction in the balance of payments.
A)Import of goods and services
B)Unilateral transfers to a foreign country
C)Capital inflows
D)Capital outflow

Question

Quizplus · Accepted Answer

Capital inflows are considered a credit transaction in the balance of payments because they represent money coming into a country, increasing its financial resources.

____________ Is an Example of a Credit Transaction in the Balance