Which one of the following will be recorded as a debit entry in Canada's current account? A) A foreign student studying in Toronto receives some funds from his parent, who live abroad. B) Canadian...

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Extracted text: Which one of the following will be recorded as a debit entry in Canada's current account? A) A foreign student studying in Toronto receives some funds from his parent, who live abroad. B) Canadian government pays $10 million to an earthquake stricken country in the South America C) A Canadian resident receives interest on his holdings of U.S. government bond D) Both B and C