The Capital-Service Account in Canada's Balance-Of-Payments Is the Section of the

question 12

Multiple Choice

The capital-service account in Canada's balance-of-payments is the section of the

• A)capital account which records the net change in Canadian investments abroad and the net change in foreign investments in Canada.
• B)capital account which represents the financial reserves held by the Bank of Canada which they can use in the foreign-exchange market.
• C)current account which records the interest charges and earnings of Canadian importers and exporters.
• D)current account which records income paid to foreign owners of assets in Canada and income received by Canadians for assets located abroad.
• E)current account which records the financial reserves held by the Bank of Canada which they can use in the foreign-exchange market.

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