Which of the Following Would Decrease the Current Account Balance

Which of the following would decrease the current account balance of Canada?

A) a decrease in imports
B) a decrease in the amount of money the Canadian government sends in foreign aid to other countries
C) a decrease in the balance of trade
D) a decrease in the amount of income Canadian companies pay out to foreigners who own investments in Canada
E) a decrease in the amount of aid Canadians send to foreign countries

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free