Which of the Following Would Appear as a Credit Item

question 112

Multiple Choice

Which of the following would appear as a credit item in the trade account of the Canadian balance of payments?

• A)dividends payable to Canadians on Canadian-owned assets located in Cuba
• B)sales of Canadian steel to European importers
• C)Canadian purchases of American-made vehicles
• D)purchases by Japanese firms of shares of Canadian firms in the entertainment industry
• E)the opening of an Ottawa branch of a Swiss bank

---

Definitions:

Former Slaves

Individuals who were previously enslaved but gained freedom, often after legal abolition of slavery or through escape.

Black Ministers

Religious leaders within the African American community who often play a significant role in cultural and social activism.

Reconstruction

The period after the Civil War in the United States when the southern states were reorganized and reintegrated into the Union from 1865 to 1877.

Public Offices

Positions of authority or service in government institutions, held by individuals who are either elected or appointed to perform public duties and administer public policies.