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Suppose Canada's Capital Account Has a Deficit of $10 Billion

Question 25

Multiple Choice

Suppose Canada's capital account has a deficit of $10 billion in 2010. It follows that Canada must have a current account _ of , meaning that net payments of this amount from the sale of goods and services are flowing Canada.


A) deficit; $10 billion; out of
B) deficit; $10 billion; into
C) surplus; $10 billion; into
D) surplus; $10 billion; out of
E) deficit; less than $10 billion; out of

Correct Answer:

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