The Current Account Reflects

question 40

Multiple Choice

The current account reflects:

• A)trade in only tangible products.
• B)trade in goods as well as services.
• C)trade in services only.
• D)the purchase of securities from foreigners.
• E)the sale of securities to foreigners.

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Definitions:

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is repeatedly presented without the unconditioned stimulus.

CR Fading

A technique in classical conditioning by which the conditioned response (CR) is gradually weakened by presenting the conditioned stimulus (CS) without the unconditioned stimulus (US).

Habituation

A decrease in response to a stimulus after repeated presentations, indicating a basic form of learning.

Generalization Fading

A technique used in behavior therapy where a learned response to a specific stimulus is gradually applied to a broader range of similar stimuli.