Multiple Choice
A capital account deficit 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 current account deficit.
Correct Answer:

Verified
Correct Answer:
Verified
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