Consider the Components of Canada's Balance of Payments Accounts

Multiple Choice

Consider the components of Canada's balance of payments accounts.Payments by Canadians of interest and dividends on foreign-owned capital located in Canada

A) are a debit in the current account.
B) are a debit in the capital account.
C) contribute to a surplus on the trade account.
D) contribute to increased foreign-exchange holding by the Bank of Canada.
E) are a credit in the capital account.