Consider Canada's Balance of Payments

Multiple Choice

Consider Canada's balance of payments.Suppose Canada's current account has a deficit of $12 billion in 2013.It follows that Canada must have a capital account ________ of ________,meaning that there is a capital flow of this amount ________ Canada.

A) surplus; $12 billion; into
B) deficit; $12 billion; out of
C) deficit; less than $12 billion; out of
D) surplus; less than $12 billion; into
E) deficit; $12 billion; into