Which of the Following Would Appear as a Debit Item

question 88

Multiple Choice

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

• A)dividends payable to Canadians on Canadian-owned assets located in Australia
• B)sales of Canadian steel to European importers
• C)Canadian purchases of Colombian coffee
• D)purchases by a Japanese pension fund of CN Rail shares
• E)purchases by General Motors of Canadian-made auto parts

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Definitions:

Products

Substances that are formed as the result of a chemical reaction, located on the right side of a chemical equation.

Reactants

Compounds available at the start of a chemical reaction, which are utilized to form the final products.

Equilibrium Constant

A numerical value that represents the ratio of concentrations of products to reactants at equilibrium in a chemical reaction.