Assuming a Fixed Exchange-Rate System,which of the Following Would Contribute

Multiple Choice

Assuming a fixed exchange-rate system,which of the following would contribute to a Canadian balance of payments deficit?

A) Leonard Cohen and Shania Twain team up for a giant outdoor concert in Shanghai.
B) The number of Indian tourists visiting Canada increases significantly.
C) The United States increases its tariff on Canadian softwood lumber.
D) A wealthy Taiwanese family builds a mansion in Calgary.
E) Honda builds a new assembly plant outside Montreal.