Through the First Half of the 2000s, Canada Had Positive

question 133

Multiple Choice

Through the first half of the 2000s, Canada had positive net exports. What does this fact imply?

• A) Canada sold more abroad than it purchased abroad and had a trade surplus.
• B) Canada sold more abroad than it purchased abroad and had a trade deficit.
• C) Canada bought more abroad than it sold abroad and had a trade surplus.
• D) Canada bought more abroad than it sold abroad and had a trade deficit.

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Definitions:

Additional Assets

Additional resources or properties acquired by a firm or individual which can be utilized for generating revenue or held as an investment.

Incremental Cash Flow

The additional cash flow generated by a company from undertaking a new project or making a business decision, used to analyze the profitability of that decision.

Taxes

Taxes are compulsory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.