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tennisalex tennisalex
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List all the sources of income-based payments to foreigners.
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Macroeconomics

Macroeconomics


Edition: 3rd
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crazyali16crazyali16
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The different sources of income-based payments to foreigners are as follows:
i) Making payments to foreigners in return for their goods and services—imports
ii) Paying income on assets that foreign residents own in the domestic economy—factor payments to foreigners
iii) Making transfers to individuals who reside abroad or to foreign governments—transfers to foreigners
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