A but, in contrast to the later phase, does not require protein synthesis. In addition, the cAMP-induced LTP is associated with a reduction of paired-pulse facilitation, suggesting that presynaptic modification may be involved. Furthermore, we found that SpcAMPS induced LTD in slices pretreated with picrotoxin, a ␥-aminobutyric acid type A (GABA A) receptor antagonist. This form of LTD depends on protein synthesis and protein phosphatase(s) and is accompanied by an increased ratio of failed synaptic transmission. These results suggest that GABA A receptors can modulate the effect of cAMP on synaptic transmission and thus determine the direction of synaptic plasticity.