Multiple Choice
In 2005, Canada had positive net exports. Which of the following does this fact imply?
A) Canada sold more abroad than it purchased abroad and had a trade surplus.
B) Canada sold more abroad than it purchased abroad and had a trade deficit.
C) Canada bought more abroad than it sold abroad and had a trade surplus.
D) Canada bought more abroad than it sold abroad and had a trade deficit.
Correct Answer:

Verified
Correct Answer:
Verified
Q59: Canadian exports make up less than 20
Q63: If the world real interest rate exceeds
Q139: Which of the following would be Canadian
Q140: Which of the following would a depreciation
Q141: How does international trade affect the standard
Q143: Suppose Connie, a Canadian citizen, buys bonds
Q144: Which of the following was of much
Q145: Tony, an Italian citizen, opens and operates
Q146: Table 31-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4795/.jpg" alt="Table 31-1
Q177: About what percentage of GDP are Canadian