Which of the Following Would Appear as a Credit Item

question 112

Multiple Choice

Which of the following would appear as a credit item in the trade account of the Canadian balance of payments?

• A)dividends payable to Canadians on Canadian-owned assets located in Cuba
• B)sales of Canadian steel to European importers
• C)Canadian purchases of American-made vehicles
• D)purchases by Japanese firms of shares of Canadian firms in the entertainment industry
• E)the opening of an Ottawa branch of a Swiss bank

---

Definitions:

Water Quality Act

Legislation aimed at controlling and improving the quality of water in rivers, lakes, and other bodies of water to protect ecosystems and public health.

Students for a Democratic Society

An American student organization in the 1960s, known for its activism against the Vietnam War and for civil rights, playing a key role in the American New Left movement.

University of Michigan

A public research university located in Ann Arbor, Michigan, known for its diverse and comprehensive academic programs, research initiatives, and sports teams.

Civil Rights Movement

A decades-long struggle, mainly during the 1950s and 1960s, by African Americans to end racial segregation and discrimination in the United States.