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1. Indonesian investors buy $320 of Shopify stock from Canadian investors with news of a potential stock split announcement next week. 2. Canadians buy $3723
1. Indonesian investors buy $320 of Shopify stock from Canadian investors with news of a potential stock split announcement next week. 2. Canadians buy $3723 worth of Bank of England bonds from Bangladesh investors. 3. The Bank of Canada purchase $4105 worth of Pakistani rupee in the foreign exchange currency market in February. 4. Walmart imports $2610 of Canadian maple syrup from LB Maple Treat Corp. 5. The Canada-US Fullbright Program provides $4020 in scholarships to U of T grad students to complete their graduate research programs. 6. Canadians sell $4125 worth of Tesla stock shares to Egyptian investors. 7. Sick Kids Foundation supplies $3010 in specialized hospital equipment and treatments to underprivileged children in Mexico, free of charge. 8. Ethiopian investors sell $3350 of Loblaws stock to Canadian investors. 9. QNB Finansbank in Turkey contracts $950 in consulting services from RBC. 10. $2,185 in stock dividends is paid to Canadians holding Samsung stock shares. 11. Barrick Gold imports $445 of mercury from China's Silver Mercury 9. 12. The Bank of Canada sells $1,990 worth of Saudi riyal in the foreign exchange currency market in June. 13. Suncor hires accounting and auditing services totalling $605 from the UK's Grant Thornton International. 14. Iranian investors receive $280 in coupon payments from an Enbridge bond. Part a: Correctly record each transaction described above in the Balance of Payments worksheet provided here: Balance of Payments Worksheet for Canada in 2021.pdf Include the negative sign when appropriate. Label your entries with the transaction number provided (just as demonstrated in Friday's DH). Part (b): Calculate the value of statistical discrepancy (SD) that will satisfy the balance of payment identity Part (c): Is Canada experiencing a trade balance, trade deficit, or trade surplus? Explain how you arrived at this conclusion using 1-2 sentences. Part (d): Is Canada a net borrower, net lender, or neither to the rest of the world? Explain how you arrived at this conclusion using 1-2 sentences
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