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Consider the balance of payments statistics for Canada between 2016 and 2020, available in this link:https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610001401. From this information we can infer that between 2016

Consider the balance of payments statistics for Canada between 2016 and 2020, available in this link:https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610001401. From this information we can infer that between 2016 and 2019 in Canada

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the returns on the external wealth (investment income) contributed to making the current account less negative.

the returns on the external wealth (investment income) contributed to making the current account more negative.

there was a trade balance deficit, andthe returns on the external wealth (investment income) contributed to making the current account more negative

there was a trade balance deficit.

there was a trade balance deficit, andthe returns on the external wealth (investment income) contributed to making the current account less negative

there was a trade balance surplus.

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