If the Balance of the Current Account in Canada Is

question 105

Multiple Choice

If the balance of the current account in Canada is -$90 billion, which of the following is most likely to be true?

• A)The balance on the financial account is positive.
• B)The trade balance is positive.
• C)Net foreign investment is positive.
• D)The balance on the capital account is negative.
• E)The Canadian dollar will appreciate.

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Definitions:

External Price

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Nonfinancial Information

Data regarding a company's operations, strategies, risks, and opportunities that is not quantifiable in monetary terms.

Alternative Courses

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Unprofitable Product Line

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