If Canada Acquired Net Foreign Assets of $50 Billion in One

question 81

Multiple Choice

If Canada acquired net foreign assets of $50 billion in one year,this would be the equivalent of

• A)net imports of $50 billion.
• B)net foreign borrowing of $50 billion.
• C)a capital account deficit of $50 billion.
• D)a current account deficit of $50 billion.

---

Definitions:

Bubbling

The production of bubbles in a liquid caused by processes such as boiling, fermentation, or chemical reactions.

Water-Seal Chamber

A part of a chest drain system that prevents air from re-entering the chest cavity while allowing air and fluids to escape from it.

Drains

Tubular devices used to remove pus, blood, or other fluids from a wound or surgical site to promote healing.

Dislodged

Something that has been removed or forced out of its original position, often referring to a part of a machine or a piece of medical equipment.