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Examveda

Which of the following is not considered a unilateral transfer?

A. foreign aid from one government to another

B. income earned from foreign investments

C. personal gifts to friends in foreign countries

D. donations to foreign countries from non-government

Answer: Option B

Solution(By Examveda Team)

Income earned from foreign investments is not considered a unilateral transfer. A unilateral transfer is a one-way transfer of money, goods, or services from one country to another. The prefix "uni" means one. In a unilateral transfer, one party is making a transfer to the other party.

This Question Belongs to Management >> International Finance And Treasury

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