Which of the Following Is Consistent with Negative Net Exports

question 67

Multiple Choice

Which of the following is consistent with negative net exports?

• A)Net capital outflow is positive, so foreign assets bought by Canadians are greater than Canadian assets bought by foreigners.
• B)Net capital outflow is positive, so Canadian assets bought by foreigners are greater than foreign assets bought by Canadians.
• C)Net capital outflow is negative, so foreign assets bought by Canadians are greater than Canadian assets bought by foreigners.
• D)Net capital outflow is negative, so Canadian assets bought by foreigners are greater than foreign assets bought by Canadians.

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Definitions:

Goods and Services

Tangible products and intangible activities offered to consumers or businesses in the marketplace.

Caveat Emptor

“Let the buyer beware”; a principle that the purchaser must examine, judge, and test for herself.

Sale of Goods Act

A UK law enacted in 1979 which regulates the sale of goods that are bought and sold in the UK and the contractual rights and obligations of buyers and sellers.

Contractual Terms

The specific provisions, requirements, and clauses that are agreed upon by the parties forming the binding agreement of a contract.