If Canada Has a Current Account Surplus of $20 Billion,then

question 67

Multiple Choice

If Canada has a current account surplus of $20 billion,then there must be

• A) net capital inflows of $20 billion.
• B) net capital inflows of - $20 billion.
• C) neither capital inflows nor capital outflows.
• D) net capital outflows of - $20 billion.
• E) net capital outflows of $60 billion.

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Definitions:

Oral Contract

An agreement between parties that is spoken and not written, yet it is legally binding.

Employment Agreement

A contractual relationship between an employer and an employee outlining the terms of employment, including duties, responsibilities, and compensation.

Purchase

The act of buying goods, services, or property in exchange for money or other consideration.

Sale

The passing of title (evidence of ownership rights) from a seller to a buyer for a price.