The Price-Specie-Flow Mechanism

question 138

Multiple Choice

The price-specie-flow mechanism

• A) is an automatic mechanism for assuring external balance under floating exchange rates.
• B) is an automatic mechanism for assuring external balance under the gold standard.
• C) is an automatic mechanism for assuring internal balance under floating exchange rates.
• D) is an automatic mechanism for assuring internal balance under the gold standard.
• E) is an automatic mechanism for assuring internal balance under mercantilism.

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Definitions:

Zygote

The initial cell formed when two gamete cells are joined by means of sexual reproduction, possessing genetic material from both parents.

Cleavage

The process of cell division in the early embryo, leading to the formation of a multicellular structure.

Vegetal Hemisphere

In biology, the lower half of an egg or embryo where the yolk and nutritive tissues are concentrated, opposite to the animal hemisphere.

Animal Hemisphere

The upper half of an egg (in many animals) where most of the cytoplasm is located, opposite the vegetal hemisphere.