Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

022 Question 7 of 20 This quiz: 20 points) possible This question: 1 point(s) possible Submit quiz If Canadian exports of goods and services were

image text in transcribed

022

Question 7 of 20

This quiz: 20 points) possible

This question: 1 point(s) possible

Submit quiz

If Canadian exports of goods and services were $35 billion, imports of goods and services were $39 billion, transfers by Canadians to foreigners were $5 billion and transfers from foreigners to Canadian citizens were $3 billion, then the current account balance would be

image text in transcribed
If Canadian eepoits of goods and services were 535 hailion, imports of goods and sentces were 539 bifion, tranisters by Canadians to forigners were 55 balian and transfors from foreignecs to Canarian chitens were $3 helion, then the curtent accoant balance would be A. 80 hilian B. $2 balion C. - \$7. tiain D. - s6bilisn E. S6 bivin. If Canadian exports of gonds and servicen were 535 billian, imports of goods and services were $39 birlon, transiors by Canadians to foreigners were 55 billion and transfurs from foreigness to Canadian catizens were 53 belich, then the curreot accoont balance would be A. $5 bilition. B. $2 bition C. 52 bilion D. 56 bulion E. 58 belion

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Accounting questions