Which One of the Following Transactions Would Appear as a Credit

question 96

Multiple Choice

Which one of the following transactions would appear as a credit in the capital account of the Canadian balance of payments?

• A)Canadians purchase foreign securities.
• B)A Dutch firm purchases a uranium mine in Canada.
• C)Canadian firms pay dividends to foreigners.
• D)Coffee is imported from Venezuela.
• E)French tourists buy ski tickets in Canada.

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Definitions:

Financial Analysis

The process of evaluating businesses, projects, budgets, and other finance-related entities to determine their performance and suitability.

Financial Condition

An assessment of an entity's ability to meet its financial commitments, based on its assets, liabilities, and equity positions at a given time.

Corporation

A legal entity that is separate and distinct from its owners, which can own assets, incur liabilities, and be sued or sue.

Advantages

Advantages are benefits or favorable factors that contribute to the success and competitiveness of a business or strategy.