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Explain and Discuss How Efforts to Craft a Fully Inclusive

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Essay

Explain and discuss how efforts to craft a fully inclusive global climate change regime have been stymied by conflicts between China and India on one hand and the United States on the other.


Definitions:

Absolute Purchasing Power Parity

An economic theory that states the price of a good in one country should equal the price of the same good in another country when exchanged at the current exchange rate.

Halifax

A city in the Canadian province of Nova Scotia, often not directly related to financial terms unless specifying a financial institution or geographic economic analysis.

Currency

Currency refers to money in any form when in use or circulation as a medium of exchange, especially circulating banknotes and coins.

Political Risk

Risk related to changes in value that arise because of political actions.

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