Which of the following is not considered a unilateral transfer?
A
foreign aid from one government to another
B
income earned from foreign investments
C
personal gifts to friends in foreign countries
D
donations to foreign countries from non-government
Correct Answer: income earned from foreign investments
Income earned from foreign investments is not considered a unilateral transfer. A unilateral transfer is a one-way transfer of money, goods, or services from one country to another. The prefix "uni" means one. In a unilateral transfer, one party is making a transfer to the other party.