A current account surplus means that R.O.W. spending on Canadian exports is greater than Canadian spending on imports from R.O.W.

Question

Quizplus · Accepted Answer

A current account surplus occurs when a country's exports (which are bought by the rest of the world, or R.O.W.) exceed its imports (which are purchased from the R.O.W.). Therefore, R.O.W. spending on Canadian exports would be greater than Canadian spending on imports from R.O.W. in a current account surplus situation.

A Current Account Surplus Means That R