Business, 01.05.2021 17:20 xDANTEx2456

Assume that Canada imports more goods and services than it exports. Which of the following is true of the Canadian balance of payments accounts? (A) The current account balance must be negative.
(B) The current account balance must be positive
(C) The trade balance must be negative.
(D) The financial account (formerly called capital account) balance must be negative
(E) The financial account (formerly called capital account) balance must be positive

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Assume that Canada imports more goods and services than it exports. Which of the following is true o...