These two domains of actions, bilateral actions and unilateral transfers
, are the most important domains for our present-day societies that employ a wide-ranging division of labor They can very well occur among complete strangers, (10) whereas unilateral benefit or harm typically only occurs among persons "who mean a lot to each other," either in the positive or negative sense, restricting the range of such actions significantly.
5 billion flowed out of the United States as unilateral transfers
For both years, the largest downward adjustments to Canadian southbound transactions result from definitional adjustments to eliminate withholding taxes from current unilateral transfers
, from statistical adjustments to affiliated services, and from definitional adjustments to "other" investment income.
The most stable parts (of the inflows) are remittances and the unilateral transfers
," he said.
The current account is calculated using trade balance combined with net factor income from abroad, or FDI, and net unilateral transfers
from abroad, or remittances.
One of the purposes of this article is to develop further some of the ideas that appear in my book Then Athena Said: Unilateral Transfers
and the Transformation of Objectivist Ethics.
Further analysis was conducted by analyzing the components of each category: unilateral transfers
, transfers for paid or earned benefits, priorities of federal government agencies expenditures, etc.
Then Athena said; unilateral transfers
and the transformation of objectivist ethics.
In the fourth quarter, the balance on goods and services was -$171 billion, net income $2 billion, and net unilateral transfers
The deficit on unilateral transfers
2] As in the case of the investment-income component, net unilateral transfers
are fairly small, and contribute little to the magnitude or variability of the overall current account.
The current account was redefined by removing a part of the measure of unilateral transfers
and including it in the new capital account.