Determine which account of the Balance-of-Payments is affected the following transaction:A local tourist uses his/her credit card to pay US$ 900 for the cost of accommodation at a Canadian hotel.Select one:O a. Current Account - ImportsO b. Current Account - ExportsO . Capital Account - Portfolio InvestmentO d. Capital Account - Foreign Direct InvestmentO e. Capital Account - Capital Transfers Suppose that smoking creates a negative externality. If the government does not interfere in the cigarettemarket, thenSelect one:O a. the equilibrium quantity of cigarettes smoked will be less than the socially optimalquantity of cigarettes smoked.O b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimalquantity of cigarettes smoked.O .There is not enough information to answer the question.O d. the equilibrium quantity of cigarettes smoked will equal the socially optimal quantity ofcigarettes smoked.

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Determine which account of the Balance-of-Payments is affected the following transaction: A local tourist uses his/her credit card to pay US$ 900 for the cost of accommodation at a Canadian hotel. Select one: O a. Current Account - Imports O b. Current Account - Exports O . Capital Account - Portfolio Investment O d. Capital Account - Foreign Direct Investment

Determine which account of the Balance-of-Payments is affected the following transaction: A local tourist uses his/her credit card to pay US$ 900 for the cost of accommodation at a Canadian hotel. Select one: O a. Current Account - Imports O b. Current Account - Exports O . Capital Account - Portfolio Investment O d. Capital Account - Foreign Direct Investment

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter1: Introduction To Business Activities And Overview Of Financial Statements And The Reporting Process

Section: Chapter Questions

Problem 32E

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