Which Statement About the Balance of Payments Accounts Is False

question 6

Multiple Choice

Which statement about the balance of payments accounts is false?

• A) Flows of Canadian dollars into Canada are positive numbers.
• B) Flows of Canadian dollars out of Canada are negative numbers.
• C) Canadian exports are positive numbers.
• D) Canadian imports are positive numbers.
• E) Canadian imports are negative numbers.

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Definitions:

Conservative

Favoring traditional views and values; tending to resist change or cautious in approach.

Realistic

Having or showing a practical awareness of things as they are; understanding and accepting the physical limitations or the truth of a situation.

Bullish

An attitude or belief that a particular stock, asset, or market is about to rise in value.

Feasibility Study

An assessment of the practicality and potential success of a proposed project or business, analyzing variables such as cost, risk, and benefits.