A Current Account Surplus Is Generally a Result Of

question 234

Multiple Choice

A current account surplus is generally a result of:

• A) imports exceeding exports.
• B) sales of stock in Canadian companies to citizens of foreign countries.
• C) a large influx of foreign investment income.
• D) exports exceeding imports.

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Definitions:

Owner's Investment

The total amount of money or assets that an owner puts into his or her business.

Equipment

Physical assets used in the operation of a business to produce goods or services.

Monthly Rent

Regular payment made for the use of property or land, agreed upon on a monthly basis.

Utilities Expense

Utilities expense refers to the cost incurred by businesses or individuals for the usage of basic utilities such as electricity, water, gas, and telecommunication services.