*The final category of the current account balance is ____________________, which can be thought of as payments made by individuals in which money is sent abroad _________________________.
A. income payments; and the returns are received from abroad
B. trade in services; by domestic financial firms are treated like imports
C. unilateral transfers; without any direct good or service being received
D. exports of goods; can cause a merchandise trade deficit
Answer:C
*The final category of the current account balance is ____________________, which can be thought of as payments made by individuals in which money is sent abroad _________________________.
A. income payments; and the returns are received from abroad B. trade in services; by domestic financial firms are treated like imports C. unilateral transfers; without any direct good or service being received D. exports of goods; can cause a merchandise trade deficit
Explanation: Type: Multiple Choice