A credit entry in Canada's balance-of-payments accounts
A) is any transaction that involves a payment to other nations.
B) is any transaction that involves a receipt from other nations.
C) typically results in less foreign exchange being held by Canadians.
D) typically gives rise to the acquisition of foreign exchange on current-account transactions and the loss of foreign exchange on capital-account transactions.
E) can be recorded only by the central bank in the official financing accounts.
Correct Answer:
Verified
Q3: The capital-service account in Canada's balance-of-payments is
Q3: Consider the following annual transactions in Canada's
Q4: A credit entry in the Canadian balance-of-payments
Q4: Which of the following would appear as
Q5: A debit entry in the Canadian balance-of-payments
Q7: Which one of the following transactions would
Q8: The purchase of foreign assets by Canadians
Q11: When a Japanese firm buys Canadian lumber,this
Q14: Canadian firms' receipts from foreign consumers arising
Q18: Which of the following is true? A
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents