The U.S. government gives $1,000,000 to Somalia. In the U.S. balance of payments, the gift of funds is recorded as a ______ to the ________ account and as a ______ to the ________ account

The U.S. government gives $1,000,000 to Somalia. In the U.S. balance of payments, the gift of funds is recorded as a to the account and as a to the ____ account

Micro Economics For Today

10th Edition

ISBN:9781337613064

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter15: International Trade And Finance

Section: Chapter Questions

Problem 12SQ

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The U.S. government gives $1,000,000 to Somalia. In the U.S. balance of payments, the gift of funds is recorded as a ______ to the ________ account and as a ______ to the ________ account

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