The following table contains hypothetical data for Canada's balance of payments in a particular year.

-Refer to the information above to answer this question.As a result of international financial transactions summarized in Canada's balance of payments,which of the following is true?
A) There was an increase in Canada's foreign reserves.
B) There was a decrease in Canada's foreign reserves.
C) There was no change in Canada's foreign reserves.
D) The demand for Canadian dollars exceeded the supply.
E) The supply of foreign currencies exceeded the demand.
Correct Answer:
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