Donations, grants, gifts and such other payments which do not have counter obligations are known as :

Related MCQs

• Transfer payments refer to payments, which are made:
• Gifts and charities account are also known as :
•     _ is not a cause of deficit in balance of payments.
• Services rendered by the domestic country to foreign counter parts increase the _ of foreign exchange.
• The current account in the balance of payments     _ .
• Unilateral payments received _ _ the supply of foreign exchange.
• The provision of foreign bills of exchange in international payments in an example of _ .
• Goods which are not used in the production of other goods are called:
• Statistics such as GDP, the unemployment rate, the rate of inflation and the trade balance are:
• Comparative advantage occurs when ……..than other country .