First Sentence:
Free trade-albeit conducted within different institutional frameworks of varying degrees of openness - have existed over various stretches of human civilization, and have spanned more or less extensive realms.
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Key Phrases - Statistically Improbable Phrases (SIPs):
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moral hazard factor, credit registries, financial soundness indicators, deposit insurer, insured deposits, insured depositors, global financial stability, systemic risk
Key Phrases - Capitalized Phrases (CAPs):
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Federal Reserve, World Bank, New York, Articles of Agreement, European Union, Merrill Lynch, Regulatory Progress, Paris Club, United Kingdom, Bank of England, European Central Bank, Financial Stability Forum, New Zealand, Capital Accord, Comptroller of the Currency, General Accounting Office, Latin America, Superior Bank
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