Canada's Current Account Has Recently Been Negative

question 18

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 current account deficit.
• D) interest rate is higher in Canada compared to the US.

---

Definitions:

Jesuit Order

A Catholic religious order founded in 1540 by Ignatius of Loyola, known for its educational, missionary, and charitable works worldwide.

Predominance

means the quality or state of being more important, powerful, or noticeable than other things within a certain context.

Ecstasy Of Saint Teresa

A famous Baroque sculpture by Gian Lorenzo Bernini, depicting Saint Teresa of Ávila in a moment of divine spiritual ecstasy.

Bernini

Gian Lorenzo Bernini, an Italian artist and architect who was a key figure in the Baroque movement, known for his sculptures and designs of St. Peter's Basilica.