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Exports and imports of goods and services, unilateral transactions, etc are examples of ______ -

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Question

Exports and imports of goods and services, unilateral transactions, etc are examples of ______ 

Options

  • Autonomous transactions

  • Accommodating transactions

  • Both autonomous transactions and accommodating transactions

  • None of the above

MCQ
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Solution

Autonomous transactions exports and imports of goods and services, unilateral transactions, etc are examples of

Explanation:

Autonomous transactions include products and services exports and imports, unilateral transactions, and so forth. Depending on the nature of the transaction, it can be reported in a current or capital account.

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Foreign Trade
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