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The Capital-Service Account in Canada's Balance-Of-Payments Is the Section of the ________

Question 15

Multiple Choice

The capital-service account in Canada's balance-of-payments is the section of the ________ which records the ________.


A) capital account; the net change in Canadian investments abroad and the net change in foreign investments in Canada
B) capital account; the foreign-exchange reserves held by the Bank of Canada
C) current account; the interest charges and earnings of Canadian importers and exporters
D) current account; income paid to foreign owners of assets in Canada and income received by Canadians for assets located abroad
E) current account; the financial reserves held by the Bank of Canada which they can use in the foreign-exchange market

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