Canada's Current Account Has Recently Been Negative

question 74

Multiple Choice

Canada's current account has recently been negative.This means that

• A)investment is greater than saving in Canada.
• B)saving is greater than investment in Canada.
• C)Canadian trade partners also have a current account deficit.
• D)the interest rate is higher in Canada compared to the United States.

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Definitions:

Regulate

To control or maintain the rate or speed of a process or function, often ensuring proper function or compliance with standards.

Self-Esteem

An individual's subjective evaluation of their own worth.

Egocentrism

Putting oneself at the center of things such that one is unable to perceive the world from another person’s point of view. Egocentrism is normal in early childhood, but is a matter of choice, and rather intolerable, in adults.

Self-Esteem

An individual's subjective evaluation of their own worth or value, which can influence mental health and behavior.