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:

Journal

A book or digital record where transactions are initially recorded before they are posted to ledgers.

Liability Account

An accounting record that captures obligations or debts a company owes to others, which are expected to be paid in the future.

Expense Account

An account where businesses track costs incurred during operations, often related to employees' business-related expenses.

Chart of Accounts

The Chart of Accounts is a systematic list of all accounts used by an organization, essential for classifying and organizing financial transactions within the general ledger.