Of the Following, the One That Appears in the Current

question 53

Multiple Choice

Of the following, the one that appears in the current account of the balance of payments is ________.

• A)an Italian investor's purchase of RIM stock
• B)income earned by Canadian subsidiaries of Barclay's Bank of London
• C)a loan by a Swiss bank to a Canadian corporation
• D)a purchase of a British Treasury bond by the Bank of Canada

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Definitions:

Reactive Compounds

Substances that readily engage in chemical reactions with other materials due to their unstable electron configurations.

Stratosphere

The layer of the Earth's atmosphere just above the troposphere, known for its ozone layer which absorbs and scatters harmful ultraviolet sunlight.

CFCs

Chlorofluorocarbons, man-made chemical compounds once commonly used in refrigeration and aerosols, known to deplete the ozone layer.