The purchase of Canadian assets by foreigners is,for Canada,considered a capital
A) outflow and is recorded as a credit on the current account.
B) outflow and is recorded as a debit on the capital account.
C) outflow and is recorded as a debit on the current account.
D) inflow and is recorded as a credit on the capital account.
E) inflow and is recorded as a credit on the current account.
Correct Answer:
Verified
Q2: Consider the following annual transactions in Canada's
Q5: Consider Canada's balance of payments.If the Canadian
Q10: Which of the following would appear as
Q12: Payments by Canadians of interest and dividends
Q13: With respect to Canada's balance of payments,
A)if
Q13: Which one of the following transactions would
Q14: With respect to Canada's balance of payments,
A)if
Q14: Canadian firms' receipts from foreign consumers arising
Q17: Payments made to foreign firms arising from
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