Can we set a single file as external in Subversion?
As mentioned in the first answer, SVN Externals are documented in Chapter 3 of the SVN Book, and quite a few syntax examples are given there.
In addition, this note is given:
"Because the svn:externals property has a multiline value, we strongly recommend that you use svn propedit instead of svn propset."
In my experience testing Tortoise SVN v1.9.6 and svn.exe v1.9.5, the results are as-documented.
This leads to a clumsy workaround. If you control both repos, you can clone an individual file into its own folder in the source repo (by Externals of a single file WITHIN a repo), and then Externals it across repo borders into the target repo by bringing in its entire folder, which contains only a single file.
Docs for doing this with the Tortoise SVN client are on tortoisesvn.net.