Question

Unilateral flows in the balance of payment account refer to

1- capital flows
2-visible goods flow
3-gifts and grants
4-invisible flow of services​

Answer 1

3

Step-by-step explanation:

Unilateral transfers is one part of the current account of the balance of payments. It tracks the "one-way" transfer of funds from one country to another that are made without any counter flow or exchange or goods and services. These payments are merely gifts from one country to another