Over the past 20 years,purchases of foreign financial assets by Canadian investors has
A) increased significantly.
B) decreased significantly.
C) remained fairly consistent.
D) become negative.

Question

Quizplus · Accepted Answer

According to data from Statistics Canada, purchases of foreign financial assets by Canadian investors have increased significantly over the past 20 years. In 2000, Canadian investors purchased $114 billion in foreign financial assets, while in 2019 the amount had reached $760 billion, an increase of over 565%.

Over the Past 20 Years,purchases of Foreign Financial Assets by Canadian