2ND PAPER Essay Example | Topics and Well Written Essays - 1250 words

2ND PAPER - Essay ExampleChances that the super business leader would diminish in the adjacent decades are clearly high. The best positioned countries to challenge Americas blow are found in East Asia and globally by mainland China. (Abdelnour, Wesley & Herman pg57)It is believed that if Chinas scotch growth continues consistently the next two decades just in the same pace as the last two decades, then it would outdistance and rival the United States of America in terms of Gross Domestic Product (GDP) .GDP is not mensural in terms of dollar but in terms of purchasing power parity. Even if Chinas economic status does not does not reach the Americas standards, it is notable that the growth has created a fundamental political intensity in the entire East Asia. The economic clout extends East Asia affecting both great powers and the growth countries due to enthusiasm for raw materials and competitive prices for low cost goods. China is resolute in raise the technological ladder, a clear indication that it might affect United States of America economically. Already China is regarded as the most dominant military powerhouse in the entire East Asia thereby fashioning significant strides creating excellence in the armed forces.The tense relationship between USA and Russia has been fuelled by Americans please in Crimea with regard to the sanctions that have been attached to Russia recently by President Barrack Obama of the United States. some(prenominal) banks have been blacklisted by the US government following the Russian infiltrations in Ukraine. Majority of Russian businessmen in the United States who have close links with Vladimir Putin have been expelled from the country. President Obama has also come with strategies to get over some parts of the Russian economy comprising both the oil and gas industries which form a circle of Russians export. (Abdelnour, Wesley & Herman pg29)According to President Barack Obama, the action would interfere with the