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:

Consortium

A group of companies or institutions that collaborate on a common project or share resources to achieve a specific goal.

Lobbying Activities

Efforts to influence government decision-makers by individuals or groups, often to benefit private, specific interests.

Ally

A state or entity that cooperates with another for a mutual benefit, particularly in political or military contexts.

Relative Costs

The comparison of the cost of one item or activity to another, often considering factors like time, resources, and alternatives.