Choose the Statement That Is Incorrect

Choose the statement that is incorrect.

A) A large current account deficit emerged in Canada during the 1980s.
B) Canada's current account moved into a surplus in the 2000s.
C) Canada's current account moved into a deficit after 2008.
D) Canada's capital and financial account balance is almost a mirror image of the current account balance.
E) Canada's official settlements balance is very large in comparison with the current account and the capital and financial account.