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1 . For each of the following, identify whether it represents a credit or debit on Canada's current account. Also indicate which part of the

1.For each of the following, identify whether it represents a credit or debit on Canada's current account. Also indicate which part of the current account (goods and services, primary income or secondary income) the transaction would be listed under.(6 marks).


 a.A Canadian citizen purchases an airline ticket from Air France. 


b.A Japanese citizen purchases Canadian syrup.


 c.The $200 dividend payment a Canadian receives from Microsoft Corporation.


 d.$50 million of foreign aid to Honduras. 


e.The services a Canadian accounting firm provides to a German firm. f.A worker in Toronto sends money to their parents in Mexico.

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