You are provided with the following hypothetical information regarding the real and financial assets in Canada for 2015 (numbers in $ billions):

What is the value of the net financial assets owned by non-residents for 2015?
A) $901 billion
B) $51 billion
C) $2,293 billion
D) There is not enough information to answer the question.

Question

You are provided with the following hypothetical information regarding the real and financial assets in Canada for 2015 (numbers in $ billions):

What is the value of the net financial assets owned by non-residents for 2015?
A) $901 billion 
B) $51 billion 
C) $2,293 billion 
D) There is not enough information to answer the question.

Quizplus · Accepted Answer

The value of net financial assets owned by non-residents can be calculated by subtracting non-residents' liabilities from non-residents' assets. Non-residents' assets are given as $1,934 billion and non-residents' liabilities are given as $1,883 billion. Therefore, net financial assets owned by non-residents would be $1,934 billion - $1,883 billion = $51 billion.

You Are Provided with the Following Hypothetical Information Regarding the Real