Multiple Choice
Canada's balance of payments is sometimes incorrectly said to be "in deficit." The reason this must be incorrect is that
A) Canada's balance of payments has been in surplus for almost all of its history.
B) unlike most countries,Canada's balance of payments is almost always balanced.
C) like any other country in the world,Canada's balance of payments is always perfectly balanced.
D) the Canadian government has long been committed to avoiding balance of payments deficits.
E) it is not possible for capital flows to be in a deficit situation.
Correct Answer:

Verified
Correct Answer:
Verified
Q84: Suppose Canada's central bank fixes the Canada-U.S.exchange
Q85: A Canadian traveling to the United States
Q86: Consider a country's balance of payments.Other things
Q87: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7713/.jpg" alt=" FIGURE 34-5 Refer
Q88: Which of the following would appear as
Q90: Suppose that in Canada we experience a
Q91: Consider Canada's balance of payments.Suppose Canada's current
Q92: A rise in the Canadian-dollar price of
Q93: A country's balance of payments is sometimes
Q94: Consider the balance-of-payments accounting information for Lalaland