In 2010, the Largest Item in the Current Account Was

question 39

Multiple Choice

In 2010, the largest item in the current account was

• A)exports.
• B)imports.
• C)net interest income.
• D)net transfers.
• E)foreign investment in Canada.

---

Definitions:

Scapegoating

the practice of singling out one person or group for blame or negative outcomes, often diverting attention from the real causes.

Outgroup

A social group to which an individual does not identify or belong, often perceived as fundamentally different or distinct from one's in-group.

Inferior

Considered lower in status, quality, or importance compared to others.

Outgroup Homogeneity Effect

cognitive bias referring to the tendency to see members of an outgroup as more similar to each other than members of one's ingroup.