The Following Table Contains Hypothetical Data for Canada's Balance of Payments

question 78

Multiple Choice

The following table contains hypothetical data for Canada's balance of payments in a particular year.

-Refer to the information above to answer this question.What is the state of Canada's balance of payments (balance of current and capital accounts) ?

• A)There is a deficit of $10 billion.
• B)There is a surplus of $10 billion.
• C)There is a surplus of $20 billion.
• D)There is a deficit of $20 billion.
• E)There is neither a deficit nor a surplus.

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