f Canadian exports of goods and services were $37 billion, imports of goods and services were S42 billion, transfers by Canadians to foreigners were $3 billion and ransfers from foreigners to Canadian citizens were $2 billion, then the current account balance would be O A. $4 billion. о в. - $6 bilion. OC. $8 billion O D. $6 billion. O E. - $4 billion.

Please state why it’s wrong or uncertain if applicable

The current account is the record of receipts from other countries. other countries, minus official lending to; record of foreign investment in; interest and rents other countries, plus the net amount of O A. record of foreign investment in; transfer payments to; capital O B. O C. O D. the sale of goods and services to; payments for goods and services bought from; interest and transfers payments for goods and services bought from; the sale of goods and services to; wages and transfers received from and paid to

What does interest rate parity refer to? Inflation rates in all countries are identical O a. O b. Real exchange rates in all countries are identical None of the answers is correct O d. Nominal interest rates in all countries are identical