The issue of Canadian securities to non-residents requires payment from non-residents, and is recorded as a transaction in the balance of payments. These transactions are referred to as Select one: a. current inflows; debit; debit b. capital outflows; debit; credit C. current outflows; credit; debit O O d. capital inflows; credit; credit asserts that with freely fluctuating exchange rates, the percentage change in exchange rates from a given base period is equal to the difference between the percentage changes from the same base period between two countries' price levels. Select one: O a. Absolute PPP O b. IRP c. Relative PPP O d. Relative IRP