Multiple Choice
Which of the following would increase the current account balance of Canada?
A) an increase in imports
B) an increase in the amount of money Canadian government sends in foreign aid to other countries
C) an increase in the balance of trade
D) an increase in the amount of income Canadian companies pay out to foreigners who own investments in Canada
E) an increase in Canada's stock of intellectual capital (patents)
Correct Answer:
Verified
Correct Answer:
Verified
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