Which One of the Following Will Not Directly Affect Canada's

question 97

Multiple Choice

Which one of the following will not directly affect Canada's balance on current account?

• A)an increase in merchandise imports
• B)an increase in capital outflows from Canada
• C)a decrease in net investment income
• D)an increase in imports of services

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Definitions:

Financial Aid

Monetary assistance provided to individuals to support them in covering the costs of education, housing, or other expenses.

Normative Statement

Statements that express opinions about what ought to be, reflecting values or judgements rather than factual assertions.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and families of deceased workers.

Economic Policy

Strategies and actions taken by the government or regulatory bodies to influence the economy's behavior and outcomes.