A Friend Claims That Canada Is a Net International Debtor

Multiple Choice

A friend claims that Canada is a net international debtor.The best way of testing this claim is to

A) see whether Canadian foreign liabilities exceeded Canadian foreign income.
B) see whether Canadian receipts from foreign assets exceeded Canadian payments to foreign owners of Canadian assets.
C) see whether Canadian official reserve assets were positive or negative.
D) see whether Canada ran a balance of payments surplus or deficit last year.