A US Textbook Publishing Company Sells Texts to Canadian Students

question 51

Multiple Choice

A U.S. textbook publishing company sells texts to Canadian students. What are the effects of these sales?

• A) U.S. net exports increase, and U.S. net capital outflow increases.
• B) U.S. net exports increase, and U.S. net capital outflow decreases.
• C) U.S. net exports decrease, and U.S. net capital outflow increases.
• D) U.S. net exports decrease, and U.S. net capital outflow decreases.

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Definitions:

Total Float

The total amount of time that a project task can be delayed without causing a delay to the project's completion date.

Cheque Clear

The process by which a cheque's funds move from the issuer's account to the recipient's account, and the cheque is deemed successfully processed.

Banking System

A network of financial institutions, including banks, that provide financial services to the public and businesses.

Availability Float

The time difference between when a deposit is made in a bank account and when the amount becomes available for use.