Which statement about the balance of payments accounts is true?
A) Flows of Canadian dollars into Canada are negative numbers.
B) Flows of Canadian dollars out of Canada are positive numbers.
C) Canadian exports are negative numbers.
D) Canadian imports are positive numbers.
E) Flows of Canadian dollars out of Canada are negative numbers.
Correct Answer:
Verified
Q212: Which activity is a positive entry on
Q213: Flows of Canadian dollars into Canada are
Q214: A current account deficit means
A) Canadian spending
Q215: Suppose Canada has a zero balance (no
Q216: Which statement about the balance of payments
Q218: A capital account surplus means
A) Canadian spending
Q219: Which activity is a positive entry on
Q220: The main items on the
A) current account
Q221: Canadian exports are positive numbers on Canada's
Q222: To understand the pluses and minuses on
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