Which activity is a positive entry on the Canadian current account?
A) A Canadian tourist spends $2,000 at the SXSW Festival in Austin, Texas.
B) A U.S. tourist spends $3,000 at the Toronto International Film Festival.
C) A Canadian buys a German government bond.
D) A Canadian from Halifax invests in a hockey stick factory in Saskatchewan.
E) A French investor buys a winery in the Okanagan Valley in British Columbia.
Correct Answer:
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Q207: The main items on the
A) financial account
Q208: A current account surplus means
A) Canadian spending
Q209: Which activity is a negative entry on
Q210: Flows of Canadian dollars into Canada are
Q211: Flows of Canadian dollars out of Canada
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
Q217: Which statement about the balance of payments
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