Which of the Following Would Be Recorded as a Credit

question 111

Multiple Choice

Which of the following would be recorded as a credit in the Canadian balance of payments accounts?

• A)the purchase of a Government of Canada bond by a French investment company
• B)the import of Honda trucks by a Canadian automobile dealer
• C)European travel expenditures of a Canadian college student
• D)the purchase of a German business by a Canadian investor

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Definitions:

Genus

A term that denotes a general category or class under which species and individuals are subsumed, often used in hierarchical classification.

Species

A class of things regarded as a subcategory of a wider class (a genus).

Box

A container often made of cardboard or wood, used for storage or shipping.

Referent

The actual thing or idea to which a word or phrase refers or applies.