A British pharmacy buys drugs from a Canadian company and pays for them with British pounds. Which of the following correctly identifies the effects of this transaction?
A) It increases British net exports and increases Canadian capital outflow.
B) It increases British net exports and decreases Canadian capital outflow.
C) It decreases British net exports and increases Canadian capital outflow.
D) It decreases British net exports and decreases Canadian capital outflow.
Correct Answer:
Verified
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