The Failure of the Argentinean Currency Board Can Be Attributed

question 91

Multiple Choice

The failure of the Argentinean currency board can be attributed to many factors, including the:

• A) failure right from the start to lower inflation.
• B) pegging of the Argentine peso to the euro.
• C) pegging of the Argentine peso to the U.S. dollar, even though the countries' economies were not that highly integrated.
• D) prices of goods Argentine exported dropped significantly in the late 1990s hurting their economy.

---

Definitions:

Classical Conditioning

An educational technique involving the repeated pairing of two cues, resulting in a behavior initially prompted by the second cue being provoked by the first cue without the second.

Second-order Conditioning

A form of conditioning in which a stimulus that was previously neutral is paired with a conditioned stimulus to produce a similar conditioned response.

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli that are similar but not identical to the original conditioned stimulus.

Behavior Environment Interactions

The dynamic and reciprocal relationship between an individual's behavior and the surrounding physical and social environment.