Which One of the Following Transactions Would Be Recorded as a Positive

question 118

Multiple Choice

Which one of the following transactions would be recorded as a positive entry in the Canadian balance of payment accounts?

• A)A French tourist spends $3,000 while visiting Banff.
• B)A Canadian corporation sends interest payments on outstanding bonds to U.S.citizens.
• C)A Canadian citizen purchases a U.K.government bond.
• D)A Canadian tourist spends $3,000 while visiting Banff.
• E)A Canadian tourist spends $3,000 while visiting France.

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