Which of the Following Would Appear as a Debit Item

question 88

Multiple Choice

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

• A)dividends payable to Canadians on Canadian-owned assets located in Australia
• B)sales of Canadian steel to European importers
• C)Canadian purchases of Colombian coffee
• D)purchases by a Japanese pension fund of CN Rail shares
• E)purchases by General Motors of Canadian-made auto parts

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Definitions:

Population Parameter

A numerical value summarizing the entire population that can often be estimated by a statistic derived from a sample.

Margin of Error

The maximum expected difference between the true population parameter and a sample estimate of that parameter.

Estimator's Squared Bias

The squared difference between an estimator's expected value and the true value of the parameter being estimated.

Variance

The average of the squared differences from the Mean, measuring the spread between numbers in a data set.