"Exports equaled $420 billion and imports equaled $350 billion". Which of the following statements is true?

Answers:0   |   LastUpdateAt:2012-07-26 01:02:02  

Question
Dark Archer
Asked at 2012-07-26 01:02:02
4. In 2001, Canadian exports equaled $420 billion and imports equaled $350 billion. Which of the following statements is true?



A. The Canadian trade balance was negative in 2001.

B. The value of net exports was negative in 2001.

C. Net capital outflow in Canada was positive in 2001.

D. The value of Canadian assets purchased by foreigners in 2001 exceeded the value of foreign assets purchased by Canadian citizens.
Answers

This Question:""Exports equaled $420 billion and imports equaled $350 billion". Which of the following statements is true?" No answers yet. Be the first!
Related Questions
1
  • Answer This Question:"Exports equaled $420 billion and imports equaled $350 billion". Which of the following statements is true?