Suppose Judy, a Canadian Citizen, Opens an Ice Cream Store

question 25

Multiple Choice

Suppose Judy, a Canadian citizen, opens an ice cream store in Bermuda. What would her expenditures be?

• A) Canadian foreign portfolio investment that would increase Canadian net capital outflow
• B) Canadian foreign portfolio investment that would decrease Canadian net capital outflow
• C) Canadian foreign direct investment that would increase Canadian net capital outflow
• D) Canadian foreign direct investment that would decrease Canadian net capital outflow

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Definitions:

Tertiary

Referring to an organic molecule or an ion that has a carbon atom connected to three other carbon atoms.

IUPAC Name

Naming chemicals systematically in alignment with the regulations provided by the International Union of Pure and Applied Chemistry.

Primary Alcohol

An alcohol with the hydroxyl group attached to a carbon atom that is bound to only one other carbon atom.

Secondary Alcohol

An alcohol where the hydroxyl group is connected to a carbon atom with two other alkyl groups attached.