With Respect to Canada's Balance of Payments

question 59

Multiple Choice

With respect to Canada's balance of payments,

• A)the current account balance must be zero.
• B)if the current account is in surplus, the capital account must also be in surplus.
• C)if the current account is in deficit, the capital account must also be in deficit.
• D)the trade account balance must be zero.
• E)total payments must equal total receipts.

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Definitions:

Central Processing Unit

The primary component of a computer that performs most of the processing inside a computer by executing instructions from programs and apps.

CPU

Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.

Compiler

A program that translates source code written in a high-level programming language into machine code, bytecode, or another high-level language.

Assembly Language

Assembly language is a low-level programming language that is closely correlated to the machine code, making it easier for programmers to manipulate hardware directly.