Which one of the following transactions would appear as a debit in the current account of the

Canadian balance of payments?

A) The Arabian Capital Investment Corporation makes a loan to a Canadian firm.

B) The Bank of Canada purchases German marks to hold in its official reserves.

C) Canadians receive dividends on U.S. investment in Latin America.

D) Canadian tourists in France purchase French francs.

E) A Canadian subsidiary exports raw materials to its Dutch parent company.

Discuss the Disadvantages of two firms of accountants merging. Discuss the advantages of two firms of accountants merging. Discuss the benefits of using subsidies. Discuss the disadvantages of using subsidies. Discuss circumstances under which monetary policy should be applied. Explain reasons/circumstances under which government spending should be increased. Explain the the\" main criticism of supply-side policies. How can Suppiv-side policies can be used to achieve sustainable economic growth. (0) State the principal aims of the authorities which regulate investment management and securities industries. (ii) Define a self-regulated regime and a statutory regime. Discuss their main differences. (i) List four factors concerning the liabilities which should be taken into account when determining investment strategy. [3] (ii) Explain the significance of the covariance of the return for an individual investment with the return of the portfolio, when selecting individual investments for a portfolio. The director of a small business has managed her company from a wheelchair for many years. She has decided to retire, aged 65, to look after her husband, aged 70, who is suffering from Alzheimer's disease (a progressive brain disorder). They have no dependants. Their principal source of wealth, other than their residence which is specially designed for wheelchair access, is tied up in the business. She has agreed to sell the business for a cash sum of f1 million, which will be used to provide for their future. (iii) (a) Describe the information you would require in order to enable you to assess their financial liabilities. (b) Propose an asset mix which is appropriate to meet these liabilities, giving reasons for the weighting and choice of each asset. Over the last 12 months, the dividend yield on a share has doubled so that it is now twice that of the market. (i) Discuss possible underlying reasons for the doubling of the yield. [3] (ii) State three accounting ratios you would use to conduct further analysis, explaining the relevance of each ratio, in the specific circumstances of this share