Table 11.6 contains hypothetical data for Canada's balance of payments accounts for a particular year.(Figures are in $ billions. )

-Refer to Table 11.6 to answer this question.What is Canada's capital account balance?

Question

Table 11.6 contains hypothetical data for Canada's balance of payments accounts for a particular year.(Figures are in $ billions. )
 
-Refer to Table 11.6 to answer this question.What is Canada's capital account balance?

Quizplus · Accepted Answer

The capital account balance is calculated as the difference between capital inflows and outflows. In this case, capital inflows are $45 billion and capital outflows are $35 billion, resulting in a surplus of $10 billion.

Table 116 Contains Hypothetical Data for Canada's Balance of Payments Accounts