Which of the Following Is Correct with Regard to Canada's

question 21

Multiple Choice

Which of the following is correct with regard to Canada's balance of trade?

• A)Canada had a trade surplus of $23.9 billion in 2017.
• B)The United Kingdom is Canada's largest trading partner.
• C)Canada's generally favourable trade balance over the years has occurred because our unfavourable balance of trade with the United States is offset by our favourable balance of trade with most other countries.
• D)Canada has generally had an unfavourable balance of trade.
• E)None of these.

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