Multiple Choice
A citizen of Saudi Arabia uses previously obtained Canadian dollars to purchase lamb from Canada. What are the effects of this transaction?
A) It increases Saudi net capital outflow and increases Canadian net exports.
B) It increases Saudi net capital outflow and decreases Canadian net exports.
C) It decreases Saudi net capital outflow and increases Canadian net exports.
D) It decreases Saudi net capital outflow and decreases Canadian net exports.
Correct Answer:
Verified
Correct Answer:
Verified
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