Multiple Choice
Which of the following is true? A credit entry in the Canadian balance-of-payments accounts
A) is any transaction that results in a payment to other nations.
B) typically results in more foreign exchange being held by foreigners.
C) is a credit in the balance-of-payments accounts for foreign countries.
D) arises when Canadian assets are sold to foreigners.
E) arises when Canadians purchase assets from foreigners.
Correct Answer:

Verified
Correct Answer:
Verified
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