Multiple Choice
A current account surplus means
A) Canadian spending on imports from R.O.W. is greater than R.O.W. spending on Canadian exports.
B) R.O.W. spending on Canadian exports is greater than Canadian spending on imports from R.O.W.
C) Canadian investments in R.O.W. are greater than R.O.W. investments in Canada.
D) R.O.W. investments in Canada are greater than Canadian investments in R.O.W.
E) there is also a capital account surplus.
Correct Answer:
Verified
Correct Answer:
Verified
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