Suppose the Majority of the Shares of Bombardier Stock Were

question 36

Multiple Choice

Suppose the majority of the shares of Bombardier stock were sold to an American firm.Assuming all else remains constant, this will

• A)increase the balance of the Canadian financial account.
• B)increase foreign direct investment in Canada.
• C)increase the balance of the Canadian current account.
• D)decrease net portfolio investment in Canada.
• E)create a capital outflow in Canada.

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Definitions:

Fur Trade

The historical trade and exchange of animal pelts (primarily beaver, fox, and mink) driven by demand for fur clothing and accessories.

Millions of Acres

refers to a vast expanse of land, often used in the context of land ownership, agriculture, or conservation to denote a very large area.

Dutch Empire

Was a collection of territories controlled by the Netherlands from the 17th to the 20th centuries, notably in the Americas, Africa, Asia, and Australia, known for its trade networks and colonial activities.

Formal Treaty

A legally binding agreement between two or more sovereign states or international entities, often ratified by the respective parties' legislative bodies.