Jane has just sent a gift that was made in the U.S. to her relatives in Italy. As far as the balance of payments is concerned this gift will
A) have no influence on the balance of payments since it was made in the U.S.
B) be part of the capital account since the gift is a physical item.
C) be considered an export since it has left the U.S.
D) be part of the current account as a unilateral transfer.
D
Economics
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A) Et B) Eet+1 C) 1/ Eet+1 D) ?t E) none of the above
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What will be an ideal response?
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