Consider Canada's Balance of Payments

question 60

Multiple Choice

Consider Canada's balance of payments.If the Canadian government were to purchase more foreign-exchange reserves,this transaction

• A)represents the sale of an asset,and thus enters as a credit item in the official financing account.
• B)represents the purchase of an asset from abroad,and thus enters as a debit item in the capital-service account.
• C)enters as a credit in the current account.
• D)enters as a debit in the capital account.
• E)enters as a credit in the capital account.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and positive emotions; individuals tend to seek stimulation and enjoy social interactions.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Trait Theories

Theoretical views stressing that personality consists of broad, enduring dispositions (traits) that tend to lead to characteristic responses.

Situational Factors

External influences that can affect an individual's behavior in a given context, including environmental conditions, social pressures, and temporal circumstances.