Which of the Following Statements Is NOT True

question 33

Multiple Choice

Which of the following statements is NOT true?

• A) The Gold Standard Era was characterized by growing openness in trade, but limited capital mobility.
• B) The time period between World Wars I and II (the inter war years) witnessed significant reductions in trade barriers and a rapid acceleration in international trade.
• C) The Bretton Woods Era (post WWII) realized the increasing benefits of open economies. Furthermore, trade was increasingly dominated by capital.
• D) Since March 1973, exchange rates have become much more volatile and less predictable than previous periods.

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Definitions:

Stimulus Generalization

The phenomenon where a response to a specific stimulus becomes associated with similar stimuli, resulting in a similar response.

Type I Punishment

A method of behavior modification that involves the application of an aversive stimulus following an unwanted behavior, aimed at decreasing the frequency of that behavior.

Type II Punishment

A form of punishment where a positive stimulus is removed following undesirable behavior to decrease the likelihood of that behavior occurring again.

Positive Reinforcer

A stimulus or event that increases the likelihood of a behavior being repeated when it is presented following that behavior.