The Triffin Paradox

question 29

Multiple Choice

The Triffin paradox

• A)was first proposed by Professor Robert Triffin.
• B)warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run.
• C)was indeed responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.
• D)all of the above are correct

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Definitions:

Mutualism

In ecology, a symbiotic relationship in which both partners benefit from the association. Compare with parasitism and commensalism.

Photoautotroph

An organism that obtains energy from light and synthesizes organic compounds from inorganic raw materials; includes plants, algae, and some bacteria. Compare with photoheterotroph, chemoautotroph, and chemoheterotroph.

Fumigallin

A chemical compound originally discovered for its antibiotic properties, often mentioned in the context of beekeeping to treat nosema disease.

Psilocybin

A naturally occurring psychedelic compound produced by more than 200 species of fungi.