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Unilateral transfers are part of invisible items? - Economics

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Question

Unilateral transfers are part of invisible items?

Very Short Answer
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Solution

Yes, unilateral transfers are part of invisible items in the current account of the Balance of Payments (BoP).

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Chapter 15: Balance of Payments and Exchange Rate - TEST YOURSELF QUESTIONS [Page 295]

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Frank Economics [English] Class 12 ISC
Chapter 15 Balance of Payments and Exchange Rate
TEST YOURSELF QUESTIONS | Q 11. b | Page 295
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