Canada's current account has recently been negative. This means that

Question

Quizplus · Accepted Answer

A negative current account balance means that a country is importing more goods and services than it is exporting, which also includes investment income. Therefore, option A, investment being greater than saving in Canada, is the best choice. B is incorrect because a positive current account balance would indicate saving is greater than investment. C is not necessarily true as Canada's current account deficit could be caused by factors specific to Canada. D is also irrelevant to the current account balance.

Canada's Current Account Has Recently Been Negative