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A Credit Entry in the Canadian Balance-Of-Payments Accounts

Question 4

Multiple Choice

A credit entry in the Canadian balance-of-payments accounts
1) is a credit in the balance-of-payments accounts for foreign countries;
2) occurs when Canadians receive investment income from foreign countries;
3) is any transaction that results in a payment to other nations.


A) 1 only
B) 2 only
C) 3 only
D) 1 and 2
E) 2 and 3

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