Multiple Choice
A citizen of Saudi Arabia uses previously obtained Canadian dollars to purchase apples from Canada. Which of the following correctly identifies 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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