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Question 9 [10 points) Canada's balance of payments data for last year are shown below. All figures are in billions. + + Service imports Net
Question 9 [10 points) Canada's balance of payments data for last year are shown below. All figures are in billions. + + Service imports Net investment income Net transfers Official international reserves Service exports Goods exports Foreign investment in Canada Canadian investment abroad Goods imports $ - 20 5 5 5 + 10 + 25 + 10 5 40 a) What is the balance of trade on goods? Select one $ 0 billion b) What is the balance on goods and services? Select one $ 0 billion c) What is the balance on current account? Select one $ 0 billion d) What is the net capital inflow? Select one $ 0 billion e) If the balance of payments always balances, what must be the change in international reserves? Select one $ 0 billion
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