Which of the following is NOT considered a receipt in the balance of payments?
Select one:
a. import of services
b. exports of goods
c. capital inflows
d. unilateral transfers to U.S. citizens
In this question received in the Balance of payment is Import of
services so here option number A Import of services is correct
because Import of services means that we can purchase the services
from some other country and in return, we have to give something,
therefore, it is not a receipt it is a payment.
Export of goods means to sell the goods to another country and in
return, we receive the payment therefore it is considered as a
receipt of the balance of payment.
Capital inflow means the investment in the country from the outside
investor therefore it is also considering a receipt in the balance
of payment.
Unilateral transfers to US citizens means that something is given
to the US citizen but unilateral transfer cannot be considered in
the calculation of GDP.
Therefore the correct option is option A.
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