Fill in the Blanks
IPE terms and definitions
Money
is
defined
as
a
exchange
,
a
store
of
and
a
.
It
must
be
portable
,
,
divisible
.
There
are
2
kinds
of
currencies
:
currencies
and
-
backed
currencies
.
The
more
people
accept
a
currency
,
the
more
it
becomes
as
a
medium
of
,
reinforcing
its
dominance
-
-
this
is
.
There
are
multiple
kinds
of
exchange
rates
,
categorised
as
fixed
exchange
rates
,
exchange
rates
and
.
Dollarisation
is
the
most
version
of
a
exchange
rate
in
which
a
country
its
national
currency
and
adopts
the
currency
of
another
country
eg
.
.
policy
is
the
actions
taken
by
a
country's
to
influence
the
money
supply
whilst
policy
is
the
decisions
about
taxation
and
spending
to
influence
the
economy
.
A
key
era
of
monetary
policy
(
1870s
-
)
is
the
Era
where
currencies
were
pegged
to
gold
,
a
exchange
rate
to
the
value
of
the
weight
of
gold
in
reserve
.
The
-
fixed
exchange
rate
system
of
-
relied
on
the
impossible
monetary
.
It
is
also
collapsed
because
of
the
Dilemma
-
a
that
the
international
demand
for
dollars
would
mean
the
risked
losing
all
its
.
The
of
account
is
a
record
of
all
international
payments
that
are
undertaken
between
residents
of
one
country
and
residents
of
other
countries
during
the
span
of
each
year
.
This
includes
which
are
non
-
commercial
transfers
of
money
from
a
foreign
worker
/
citizen
with
familial
ties
abroad
.
The
BOP
is
divided
into
two
main
categories
:
capital
account
and
current
account
.
The
account
is
a
country's
trade
balance
plus
net
income
and
direct
payments
.
The
account
shows
the
net
change
in
physical
or
financial
asset
for
a
nation
.
Finally
,
the
reserve
account
is
money
or
other
assets
held
by
a
country's
.
globalisation
is
the
,
incomplete
and
selective
nature
of
economic
integration
across
the
.
It
is
affected
by
several
factors
including
evenness
,
selectivity
and
network
.
is
when
the
financial
sector
grows
larger
as
a
percentage
of
economic
activity
and
its
over
rest
of
the
grows
.
This
occurs
through
international
institutions
like
the
BIS
-
the
for
-
a
bank
for
central
banks
,
and
financialisation
actors
.
2
key
financialisation
actors
are
the
and
,
which
exercise
power
through
sovereign
debt
and
corporate
securities
.
The
-
claims
that
rates
+
investment
rates
remain
correlated
.
Financial
crises
are
instances
of
financial
instability
that
have
developed
and
worsened
.
There
are
multiple
types
:
banking
crises
,
crises
,
inflation
crises
and
crises
.
These
crises
have
effects
where
one
type
of
crisis
often
risks
another
.
There
are
two
types
of
development
:
economic
and
human
development
.
development
is
the
process
by
which
a
country
increases
its
productive
capacity
,
income
,
and
overall
of
.
This
is
measured
largely
through
GDP
(
)
and
GNI
(
)
.
development
considers
and
is
framed
as
what
people
can
and
'do'
.
A
measure
of
this
is
(
GNH
)
.
A
veto
player
is
any
or
actor
who
can
change
from
the
can
address
market
in
capital
to
provide
-
for
development
leading
to
capital
.
Development
can
also
be
facilitated
through
-
which
puts
domestic
resources
into
industries
with
a
advantage
and
which
bolsters
domestic
product
by
of
.
There
are
two
types
of
foreign
policy
:
(
A
-
>B
)
and
.
There
are
multiple
drivers
for
providing
this
aid
including
strategic
,
and
economic
interest
.
Despite
foreign
aid
having
generally
positive
effects
there
are
a
few
drawbacks
to
foreign
aid
such
as
.
Debt
can
lead
to
-
diplomacy
where
a
country's
debt
is
used
as
political
by
its
.
Another
drawback
to
aid
is
which
is
when
aid
undermines
local
institutions
and
markets
providing
incentive
for
and
supporting
regimes
.
Environmental
threats
are
because
they
are
global
and
universally
-
affected
and
thus
need
in
response
.
Impediments
to
this
includes
-
which
is
when
parties
that
bear
no
cost
of
the
action
,
still
enjoy
the
benefits
and
thus
don't
have
to
contribute
.
is
a
that
is
suffered
by
a
third
party
as
a
result
of
an
economic
transaction
between
the
primary
parties
.
The
of
the
is
a
problem
that
occurs
when
individuals
acting
their
self
-
interest
exploit
a
resource
to
the
extent
that
.
In
order
to
facilitate
international
cooperation
on
environmental
issues
,
there
are
several
-
approaches
.
This
includes
such
as
carbon
which
are
applied
on
imports
based
on
carbon
use
in
making
/
shipping
products
and
carbon
which
are
applied
on
imports
that
are
high
-
carbon
products
such
as
coal
-
based
electricity
,
or
iron
.
are
a
form
of
traditional
market
system
where
producers
are
given
a
.
The
away
from
oil
has
been
.
There
are
several
factors
to
this
including
a
difficulty
integrating
new
technology
,
which
is
when
differences
in
environmental
regulations
can
be
exploited
,
furthering
the
use
of
a
resource
and
slow
between
phasing
out
and
implementing
resources
.
Another
challenge
to
governments
is
which
include
concentration
,
water
stress
,
cyberattacks
,
physical
attacks
and
.
There
are
multiple
ways
that
governments
intervene
in
illicit
markets
divided
into
supply
-
side
and
-
side
interventions
.
-
side
interventions
include
interdiction
,
and
sanctions
and
-
side
interventions
include
,
consumer
awareness
campaigns
and
market
-
based
incentives
.
Government
interventions
can
however
have
such
as
driving
activity
further
underground
,
making
it
even
harder
to
.
The
chain
/
stipulates
that
government
crackdowns
increase
price
which
for
successful
smuggling
and
the
more
ruthless
criminals
.
Illicit
economies
involve
markets
that
cannot
easily
be
regulated
or
taxed
this
includes
,
trafficking
,
,
counterfeiting
and
money
laundering
.
Illicit
goods
are
goods
that
have
undergone
but
there
is
a
disparity
in
this
classification
between
countries
which
is
called
.
This
can
lead
to
the
of
sovereignty
where
illicit
market
opportunities
are
created
eg
.
.
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