Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The US pays $ 1M aid to Srilanka, the two entries In BOP will be ? 1) Category 2, Increase in Srilanka;s holdings of USD
The US pays $ 1M aid to Srilanka, the two entries In BOP will be ?
1) Category 2, Increase in Srilanka;s holdings of USD + $1 M
2) Category 1, Exports + $1M
3) Category 1 , Unilateral transfers - $1M
4) Category 1, Unilateral Transfers + $1M
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started