Canada's balance of payment accounts
A)are a record of all Canadian international transactions.
B)are part of the national income accounting.
C)show a flow of funds into Canada as credit and the flow of funds out of Canada as debit.
D)all of the above.

Question

Quizplus · Accepted Answer

The balance of payment accounts are a comprehensive record of all international transactions involving Canada, including trade flows, investment income, and transfer payments. They are part of the national income accounting system and show the flow of funds into Canada as credits and out of Canada as debits. Therefore, option D - all of the above - is the correct choice.

Canada's Balance of Payment Accounts