Multiple Choice
If the balance of the current account in Canada is -$90 billion, which of the following is most likely to be true?
A) The balance on the financial account is positive.
B) The trade balance is positive.
C) Net foreign investment is positive.
D) The balance on the capital account is negative.
E) The Canadian dollar will appreciate.
Correct Answer:
Verified
Correct Answer:
Verified
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