Solved

Which of the Following Is True? a Credit Entry in the Canadian

Question 125

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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions