A current account deficit means
A) Canadian spending on imports from R.O.W. is greater than R.O.W. spending on Canadian exports.
B) R.O.W. spending on Canadian exports is greater than Canadian spending on imports from R.O.W.
C) Canadian investments in R.O.W. are greater than R.O.W. investments in Canada.
D) R.O.W. investments in Canada are greater than Canadian investments in R.O.W.
E) there is also a capital account deficit.
Correct Answer:
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