ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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If Canada is said to have a balance of payments deficit,this means that
OA.the Bank of Canada decreased its reserves of foreign exchange
B.theBank of Canada purchased some ofthe gold that it uses to back the Canadian dollar
c.theBank of Canada used Canadian dollars to buy foreign exchange on the foreign exchange markets. O D. the Bank of Canada issued foreign exchange
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