An Example of a Transaction That Will Be a Surplus

question 67

Multiple Choice

An example of a transaction that will be a surplus item on the Canadian balance of payments is

• A)a Canadian purchasing French wine.
• B)a French subsidiary's plant in Nova Scotia purchasing parts from the main plant in Paris.
• C)a gift of wheat from the Canadian government to India.
• D)a tourist from Germany flying from Toronto to Vancouver on Canadian Airlines.

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Definitions:

Divorce

The legal dissolution of a marriage by a court or other competent body.

Conscientiousness

A characteristic of personality that is marked by being well-organized, reliable, and having a profound sense of responsibility.

Extraversion

A characteristic of a person that involves being extroverted, energetic, and friendly.

Personality Traits

Enduring characteristics that describe an individual's behavior across various situations.