Which of the following is NOT an example of a unilateral transfer? A) A Canadian charity sends donations to support tsunami relief efforts in Southeast Asia. B) A car manufacturer exports cars internationally for sale. C) The U.S. government supplies military assistance to another country. D) A worker in the U.S. wires a portion of their paycheck to their family in Columbia.
Which of the following is NOT an example of a unilateral transfer? A) A Canadian charity sends donations to support tsunami relief efforts in Southeast Asia. B) A car manufacturer exports cars internationally for sale. C) The U.S. government supplies military assistance to another country. D) A worker in the U.S. wires a portion of their paycheck to their family in Columbia.
Chapter1: Introducing The Economic Way Of Thinking
Section: Chapter Questions
Problem 3SQ
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Which of the following is NOT an example of a unilateral transfer?
A) A Canadian charity sends donations to support tsunami relief efforts in Southeast Asia.
B) A car manufacturer exports cars internationally for sale.
C) The U.S. government supplies military assistance to another country.
D) A worker in the U.S. wires a portion of their paycheck to their family in Columbia.
Expert Solution
Step 1
Unilateral transfer:- It is a transaction of money or goods from one person to another person without getting anything in exchange.
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