The purchase of Canadian assets by foreigners is, for Canada, considered a capital
A) outflow and is recorded as a credit on the current account.
B) outflow and is recorded as a debit on the capital account.
C) inflow and is recorded as a credit on the current account.
D) inflow and is recorded as a credit on the capital account.
E) outflow and is recorded as a debit on the current account.
Correct Answer:
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