Which of the Following Is True? a Credit Entry in the Canadian

question 125

Multiple Choice

Which of the following is true? A credit entry in the Canadian balance-of-payments accounts

• A)is any transaction that results in a payment to other nations.
• B)typically results in more foreign exchange being held by foreigners.
• C)is a credit in the balance-of-payments accounts for foreign countries.
• D)arises when Canadian assets are sold to foreigners.
• E)arises when Canadians purchase assets from foreigners.

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