In 2005, Canada Had Positive Net Exports

question 142

Multiple Choice

In 2005, Canada had positive net exports. Which of the following does this fact imply?

• A)Canada sold more abroad than it purchased abroad and had a trade surplus.
• B)Canada sold more abroad than it purchased abroad and had a trade deficit.
• C)Canada bought more abroad than it sold abroad and had a trade surplus.
• D)Canada bought more abroad than it sold abroad and had a trade deficit.