We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Dominated countries in the world trade business Essay Sample

essay
The whole doc is available only for registered users OPEN DOC

Get Full Essay

Get access to this section to get all help you need with your essay and educational issues.

Get Access

Dominated countries in the world trade business Essay Sample

Throughout the years, different countries have influenced and dominated the world by being superior in terms of commerce and trade. Taking this in regard, it is understandable how these countries have taken over and become highly influential in global affairs. Over the past twenty years or so, there has been a change of the domination of the world spectrum as we keep developing as a whole. Countries that had no significance in our past has now became global powers and are a part of the powerful economy we know today.

So, it’s not hard to believe that the 21st century is going to be dominated by Asian countries, therefore making the 21st century known as the Asian century. Many have predicted that this generation’s economic growth, politics and possibly religion will all be by Asian countries, especially China, India, and Japan. To support this, I will be discussing the growing economic power of these Asian countries and their influence on the world, Asia’s impact on pop culture as well as cultural practices and their political influence in major international organisations.

China has dominated the world trade business from the very beginning of the 21st century, but it’s not the only country that is leading the start of the Asian century prophecy. Another dominant force in the world is India, which has been growing rapidly. It is predicted that by Over the past decade, investments have continued to increase and the economy is striving. Both China and India have become major influencers of the world trade business because of the quantity of goods they export and the total amount they utilize due to the high levels of population in both countries.

In 2011 Asian Development Bank (ADB) conducted a study titled Realising the Asian Century. In this study, the outcome concluded that an additional 3 billion Asians could enjoy living in similar conditions to those in the Western world today and by 2050 Asia will double its share of global GDP to 52%, thus regaining its powerful economic position it held 300 years ago before the industrial revolution. With its tremendous human and natural resources, plus what is presently held to be the world’s fastest growing economy, China will continue to increase its geopolitical and economic influence (David Scott, 2008) It was found that as of 2009, most newly industrialised cities were seen in Asian countries.

We can write a custom essay

According to Your Specific Requirements

Order an essay

You May Also Find These Documents Helpful

Peculiarities of various assignment types

The educational process is diverse and full of interesting writing tasks which help students develop their academic abilities. Different assignments types are created by professionals in order to enhance students’ level of analytical, critical and writing skills and to vary the learning process. As a student, you will encounter numerous tasks of diverse complexities throughout your student life. Sometimes, maybe, too complicated! They have different peculiarities, structural...

Making decisions in health and social care

Critically analyses the concepts, features, and importance of costs and accounting in making decisions in health and social care Cost accounting is a method used in accounting to capture a company’s or organisation’s production costs. It assesses the input costs of every step in production, fixed costs like depreciation of capital equipment. Cost accounting measures and records costs individually then compare the input results via...

Сhildren development

Physical development 7-12 years By the age of 7 a child enjoys things such as bike riding and rollerblading they are now able to tie and untie shoelaces without adult help, they are now starting to understand what rules are and are able to follow simple rules. At 8-12 years a child improves the physical skills that they have already developed and start to see...

Forex international trading market

Introduction Forex exchange is on the rise in Namibia; resulting in more people wanting to learn how to trade to try to increase their income so that they can enhance their standard of living. Forex Foreign exchange identifies the process of converting domestic currency into international banknotes at particular exchange rates (Bofah, 2017, para.1). As the number of foreigners in Namibia is increasing, more Namibians...

Aristotelian idea of God

This image produced in 1544 shows emerging's of the Judeo-Christians and Aristotelian's traditions. Aristotle was very interested in the idea of motion and said “The world is in a constant state of motion and change”. An example of how the world is changing is the growth of trees and plants. Aristotle believed in a prime mover, which is the being which creates change in the...

Get Access To The Full Essay
icon
300+
Materials Daily
icon
100,000+ Subjects
2000+ Topics
icon
Free Plagiarism
Checker
icon
All Materials
are Cataloged Well

Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.

By clicking "SEND", you agree to our terms of service and privacy policy. We'll occasionally send you account related and promo emails.
Sorry, but only registered users have full access

How about getting this access
immediately?

Become a member

Your Answer Is Very Helpful For Us
Thank You A Lot!

logo

Emma Taylor

online

Hi there!
Would you like to get such a paper?
How about getting a customized one?

Couldn't Find What You Looking For?

Get access to our huge knowledge base which is continuously updated

Next Update Will Be About:
14 : 59 : 59
Become a Member