Suppose Canada Has a Zero Balance (No Surplus or Deficit)

question 5

Multiple Choice

Suppose Canada has a zero balance (no surplus or deficit) on the both the current account and on the capital account. Then Canadian businesses import new machinery from Italy, financing that increase by borrowing from Japan. On Canada's balance of payments accounts there is now a current account

• A) surplus and a financial account surplus.
• B) surplus and a financial account deficit.
• C) deficit and a financial account surplus.
• D) deficit and a financial account deficit.
• E) surplus and a financial account balance of zero.

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Definitions:

Genomic Sequence

A sequence of nucleotides in DNA or RNA that represents the genetic information of an organism.

Genes

Segments of DNA located on chromosomes that contain the instructions for the development, functioning, and reproduction of organisms.

Short Tandem Repeat

DNA sequences consisting of a few nucleotides repeated multiple times in a row, used in genetic mapping and fingerprinting.

Polymerase Chain Reaction

A laboratory technique used to amplify segments of DNA for various genetic analyses and applications.