Consider the Following Statement: "Canada Is Unambiguously Better Off If

Consider the following statement: "Canada is unambiguously better off if it is exporting more, in dollar value, to the rest of the world than it is importing." This statement is because .

A) incorrect; it fails to recognize that the gains from trade come from the volume rather than the balance of trade
B) correct; exports are good and imports are bad
C) incorrect; it does not recognize the operation of the foreign- exchange market
D) incorrect; imports improve Canada's terms of trade
E) correct; it is based on the mercantilist doctrine