Q. What is the "transfer problem"? (Solved)
1. The fact that international transfers affect terms of trade when they are not taken into account.
2. Rich countries do not transfer a sufficient amount of money to poor countries.
3. Negative effects on a country that transfers money to others.
4. The severe indebtedness of some low-income countries.
- a. The fact that international transfers affect terms of trade when they are not taken into account.