The capital- service account in Canada's balance- of- payments is the section of the
A) current account which records the financial reserves held by the Bank of Canada which they can use in the foreign- exchange market.
B) current account which records income paid to foreign owners of assets in Canada and income received by Canadians for assets located abroad.
C) capital account which represents the financial reserves held by the Bank of Canada which they can use in the foreign- exchange market.
D) capital account which records the net change in Canadian investments abroad and the net change in foreign investments in Canada.
E) current account which records the interest charges and earnings of Canadian importers and exporters.
Correct Answer:
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