Based on the Following Information, What Is the Balance on the Current

question 64

Multiple Choice

Based on the following information, what is the balance on the current account? Exports of goods and services = $5 billion
Imports of goods and services = $3 billion
Net income on investments = -$2 billion
Net transfers = -$2 billion
Increase in foreign holdings of assets in Canada = $4 billion
Increase in Canadian holdings of assets in foreign countries = -$1 billion

• A)-$2 billion
• B)$1 billion
• C)$2 billion
• D)$3 billion
• E)$4 billion

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Definitions:

Kant

A German philosopher who is a central figure in modern philosophy, known for his works on epistemology, ethics, and aesthetics.

Cosmological Argument

An argument (or set of arguments) that undertakes to prove that God exists on the basis of the idea that there must have been a first cause or an ultimate reason for the existence of the universe (the cosmos).

Ontological

Having to do with the idea of existence or reality.

Design Arguments

Arguments for the existence of God based on the premise that the universe's complexity and functionality suggest it was designed by an intelligent cause.