Which of the following is true? A credit entry in the Canadian balance- of- payments accounts
A) arises when Canadian assets are sold to foreigners.
B) arises when Canadians purchase assets from foreigners.
C) typically results in more foreign exchange being held by foreigners.
D) is a credit in the balance- of- payments accounts for foreign countries.
E) is any transaction that results in a payment to other nations.
Correct Answer:
Verified
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