Which of the Following Is an Example of Canadian Foreign

question 193

Multiple Choice

Which of the following is an example of Canadian foreign portfolio investment?

• A)Albert, a German citizen, buys shares of stock in a Canadian computer company.
• B)Larry, a citizen of Ireland, opens a fish-and-chips restaurant in Canada.
• C)Ruth, a Canadian citizen, buys bonds issued by a German corporation.
• D)Dustin, a Canadian citizen, opens a tavern in New Zealand.

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Definitions:

Income Taxes

Taxes imposed by the government directly on individuals' or entities' income, increasing as the taxable amount increases.

Constitution

The foundational document setting forth the principles, structures, and processes of a government.

Civic Virtue

The cultivation of habits important for the success of the community. Emphasizes actions that support the collective well-being.

Self-interest

The motivation by individuals to pursue actions or goals that are beneficial to themselves.