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Based on the following information, what is the balance of the financial account? Exports of goods and services = $12 billion
Imports of goods and services = $14 billion
Net income on investments = -$4 billion
Net transfers = -$1 billion
Increase in foreign holdings of assets in Canada = $5 billion
Increase in Canadian holdings of assets in foreign countries = -$3 billion
Mnemonic Devices
Techniques a person can use to help them improve their ability to remember something, often by associating patterns, such as letters or associations, with the information being memorized.
Procedural Memory
The type of long-term memory responsible for knowing how to do things, also known as muscle memory.
Declarative Memory
The type of long-term memory that involves conscious recollection of facts and events.
Episodic Memory
A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.
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