Canada's balance of payments is sometimes incorrectly said to be "in surplus" . The reason this must be incorrect is that
A) Canada's balance of payments has been in deficit for almost all of its history.
B) like any other country in the world, Canada's balance of payments is always perfectly balanced.
C) the Canadian government has long been committed to avoiding balance of payments surpluses.
D) unlike most countries, Canada's balance of payments is almost always balanced.
E) it is not possible for capital flows to be in a surplus situation.
Correct Answer:
Verified
Q108: With respect to Canada's balance of payments,
A)the
Q109: If a basket of goods costs $1000
Q110: Which of the following policies could be
Q111: If a Canadian company builds and operates
Q112: The purchase of Canadian assets by foreigners
Q114: If the Canadian government were to purchase
Q115: China fixes its exchange rate (yuan per
Q116: If Canadian demand for French wine increases,
Q117: Suppose that a shipment of electronic equipment
Q118: Suppose the Bank of Canada fixes the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents