Which of the Following Would Contribute to a Canadian Balance

question 58

Multiple Choice

Which of the following would contribute to a Canadian balance of payments surplus?

• A)Canada makes a unilateral tariff reduction on imported goods
• B)Canadian Pacific pays a dividend to a Swiss stockholder
• C)Canada cuts back on Canadian military personnel stationed in Germany
• D)Russian vodka becomes increasingly popular in Canada

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Definitions:

Radio Signal

An electronic transmission of electromagnetic waves that can carry audio, data, or video signals.

Marginal Cost

The charge for generating one more unit of a product or service.

Total Willingness to Pay

The maximum amount an individual or group is willing to pay for a good or service, reflecting the total value they derive from it.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability to others, examples include public parks and national defense.