Multiple Choice
If Canada acquired net foreign assets of $50 billion in one year,this would be the equivalent of
A) net imports of $50 billion.
B) net foreign borrowing of $50 billion.
C) a capital account deficit of $50 billion.
D) a current account deficit of $50 billion.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: If business taxes rise in a large
Q76: In a small open economy<br>Sᵈ = $20
Q77: If the Bank of Canada buys $3
Q79: Consider an economy with GDP of $100
Q80: The main difference between the small open
Q82: If Ricardian equivalence does NOT hold,a budget
Q84: A large open economy is an economy<br>A)that
Q85: A large open economy increases its investment
Q86: When future labour income falls in a
Q94: The best weather in a decade has