The Current Account Does Not Include Which of the Following

question 182

Multiple Choice

The current account does not include which of the following?

• A)exports of maple syrup to Vermont
• B)income received by Canadians from foreign investments
• C)transfers made to residents of other countries by Canadians
• D)purchases of shares in Toyota by Canadians
• E)imports of Kia cars from South Korea

---

Definitions:

Void

Refers to a contract or legal agreement that lacks validity and is therefore unenforceable by law.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by the parties involved to be enforceable.

Unenforceable

A term used to describe a contract or clause that cannot be legally enforced or compelled in a court of law.

Valid

Having legal force, or being legally binding and enforceable.