Which of the following was an important change in Canadian economy after 1999?
A)National saving fell below investment, and net capital outflow was a large positive number.
B)Net capital outflow turned positive.
C)Investment equalled saving every year.
D)Investment fell below saving, so net capital outflow was a large negative number.

Question

Quizplus · Accepted Answer

Net capital outflow turning positive indicates that Canada became a net lender to the rest of the world after 1999, which implies that the Canadian economy became more open and integrated with the global economy. This change was significant for Canadian businesses and investors, who now had access to foreign investment opportunities and could expand beyond the domestic market.

Which of the Following Was an Important Change in Canadian