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What are the risks to a country of fixing its exchange rate to that of another country?
Neutral Stimulus
An initially inactive stimulus that, through association, acquires the capacity to evoke a conditioned response.
Higher Order Conditioning
A process in behavioral psychology where a conditioned stimulus is paired with a new neutral stimulus, creating a second-level conditioned response.
Conditioned Stimulus
A previously neutral stimulus that, after being paired with an unconditioned stimulus, elicits a conditioned response.
Operant Conditioning
A process of behavioral adjustment where the level of an action is modified through the application of rewards or punishments.
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