Which of the Following Would Result in Positive Net Exports

question 62

Multiple Choice

Which of the following would result in positive net exports for Canada?

• A)Exports of goods = $725 billion Imports of goods = $790 billion
• Exports of services = $350 billion
• Imports of services = $260 billion
• B)Exports of goods = $625 billion Imports of goods = $625 billion
• Exports of services = $300 billion
• Imports of services = $375 billion
• C)Exports of goods = $550 billion Imports of goods = $575 billion
• Exports of services = $275 billion
• Imports of services = $300 billion
• D)All of the above will result in a trade surplus.

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Definitions:

Collection Float

The amount of time it takes for money from checks or other types of payments to be processed and available in the company’s account.

Disbursement Float

The interval between the issuance of a check and the actual deduction of the amount from the issuer's account.

Lockbox System

A service provided by banks to companies for the collection of payments from customers, whereby payments are sent to a special post office box instead of to the company.

Cash Concentration Account

A bank account used by companies to consolidate and manage cash from multiple locations or accounts, improving liquidity management.