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Financial account Answer the questions based on the following table. Balance of Payment, Canada 2001 (millions of dollars). Net lending / net borrowing, from financial

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Financial account Answer the questions based on the following table. Balance of Payment, Canada 2001 (millions of dollars). Net lending / net borrowing, from financial account 16,858 Net acquisition of financial assets Canadian direct investment abroad 55,800 Canadian portfolio investment 37,573 Official international reserves Other Canadian investment 11,768 Net incurrence of liabilities Foreign direct investment in Canada 42,844 Foreign portfolio investment 39,241 Other foreign investment 9,552 Discrepancy (net errors and omissions) -7,251 Question 14 (2 points) The last line in the table of Current Account and Capital Account of 2001, which is not shown here, is This means that if we ignore the capital account because of its relatively smaller size, Canada had a current account (surplus, deficit) Financial account Answer the questions based on the following table. Balance of Payment, Canada 2001 (millions of dollars). Net lending / net borrowing, from financial account 16,858 Net acquisition of financial assets Canadian direct investment abroad 55,800 Canadian portfolio investment 37,573 Official international reserves Other Canadian investment 11,768 Net incurrence of liabilities Foreign direct investment in Canada 42,844 Foreign portfolio investment 39,241 Other foreign investment 9,552 Discrepancy (net errors and omissions) -7,251 Question 14 (2 points) The last line in the table of Current Account and Capital Account of 2001, which is not shown here, is This means that if we ignore the capital account because of its relatively smaller size, Canada had a current account (surplus, deficit)

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