The Most Effective Way to Deal with Currency Crises Is

question 44

Multiple Choice

The most effective way to deal with currency crises is to

• A) impose controls on capital inflows.
• B) impose controls on capital outflows.
• C) impose controls on both capital inflows and outflows.
• D) improve bank regulation and supervision.

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Definitions:

External Locus of Control

The belief that one's fate or the outcomes of one's actions are controlled by external forces beyond personal control.

Shaping

A method of conditioning that uses reinforcements to guide behavior toward a desired outcome, by rewarding successive approximations of the target behavior.

Reciprocal Determinism

A concept in psychology that suggests that a person's behavior both influences and is influenced by personal factors and the social environment.

Self-actualization

Achieving one's full potential and realizing one's abilities and qualities as much as possible.