Which Asset Would Be Included in the Canadian Current Account

question 128

Multiple Choice

Which asset would be included in the Canadian current account?

• A) a factory in Japan purchased by a firm in Canada
• B) stock in a Canadian company sold to someone in Japan
• C) a dividend on stock in a Canadian company paid to someone in Japan
• D) a bond issued by a firm in Japan sold to someone in Canada

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Definitions:

Coal

The natural, brown to black rock derived from peat and other plant materials that have been buried, compacted, and heated; used for heating and to generate electricity.

Marine Organisms

Living creatures that inhabit the ocean, ranging from microscopic phytoplankton to large whales, adapted to the marine environment.

Organic Material

Matter derived from living organisms, including plants, animals, and their byproducts, which can decompose into soil.

Calcite

A carbonate mineral and the most stable polymorph of calcium carbonate (CaCO3), commonly found in sedimentary rocks.