Multiple Choice
Consider Canada's balance of payments.If Canada's current account is in deficit,then we can be sure that there is a ________ on the capital account,which means a capital ________ Canada.
A) surplus; inflow to
B) deficit; inflow to
C) surplus; outflow from
D) deficit; outflow from
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Suppose Canada has a flexible exchange rate.If
Q18: For Canada,the term "exchange rate," as used
Q19: Under a system of flexible exchange rates,a
Q20: If Canadian demand for French wine increases,the
Q21: Countries can engage in trade with each
Q23: Consider a country's balance of payments.Other things
Q24: The world price of oil fell dramatically
Q25: Which of the following statements about Canada's
Q26: In 2017,Canada had a current account deficit
Q27: Suppose two countries,A and B,are trading with