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Compare & Contrast - Essay Example

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The paper "Compare & Contrast" tells us about the gross domestic product of 22 Arab league countries. Economists use many abbreviations. One of the most common is GDP, which stands for gross domestic product…
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Compare & Contrast
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Compare and contrast This table compares and contrasts the gross domestic product of 22 Arab league countries with those of India, China, France, Germany, Japan, Italy, and the United States of America. It is noted that the total GDP for all 22 Arab Countries combined is only 6.77% of the total GDP of the seven selected countries. Furthermore, the individual GDP of India, China, Germany, Japan, and the United States has surpassed the total GDP of the 22 Arab league countries. GDP ( official exchange rate)22 Arab league countries2689.

99India1825China8227France2609Germany3401Japan5964Italy2014United States15680Total 2689.9939720Source: CIA World FactbookThis second table compares the total GDP of Israel with the total GDP of Occupied Palestine (West Bank and Gaza Strip). From the table above it is noted that the total GDP of occupied Palestine is only 1.1% of the total GDP of Israel, and Rotberg attributed this to the unstable political and economic environment in the Occupied Palestine and even its hostile relations with Israel.

GDP ( official exchange rate)Israel245.266Occupied Palestine2.8Source: CIA World Factbook From the above compare-and-contrast analysis, the substantive fact is that the much-hyped wealth of the Arab world is way below some of the developed nations that include the United States, Japan, Germany, and China. This is contrary to the much-stereotyped wealth of the Arab world that mainly originates from its massive oil deposits. On the other hand, the wealth of Israel and it's neighboring ‘country’ signifies the inequality that exists in the two territories and even the hostile relationship between the two that hinder them from trading jointly.

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