Assuming a Fixed Exchange-Rate System,which of the Following Would Contribute

question 90

Multiple Choice

Assuming a fixed exchange-rate system,which of the following would contribute to a Canadian balance of payments deficit?

• A)Leonard Cohen and Shania Twain team up for a giant outdoor concert in Shanghai.
• B)The number of Indian tourists visiting Canada increases significantly.
• C)The United States increases its tariff on Canadian softwood lumber.
• D)A wealthy Taiwanese family builds a mansion in Calgary.
• E)Honda builds a new assembly plant outside Montreal.

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Definitions:

Reality Principle

A psychoanalytic concept that represents the ability of the mind to assess the external world and act upon it accordingly, often as a counterbalance to the pleasure principle.

Id

In psychoanalysis, the part of the mind responsible for basic instincts and drives.

Sexual Drive

Sexual drive, or libido, is an individual's overall sexual desire or desire for sexual activity.

Human Activity

Any action or task performed by humans, which can include work, leisure, and daily living activities.