Environmental Issues of the Arab Word - Essay Example

The GDP of developed countries like France $2.579 trillion, the United Kingdom $2.443 trillion, Germany $3.383 trillion, Japan $5.88 trillion and the United States $16.02 trillion are higher than that of of the Arab World 2641.6819, constituting twenty-two states (The World Factbook, n.p). This is a clear indication that the Arab world benefits less from Middle East Oil. Additionally, a comparison between Palestine's GDP (6.641) to Israel's (254) shows that Israeli is in the lead.

A country's GDP (official exchange rate) is determined by dividing the home-currency-denominated yearly GDP amount by the mutual standard of the US $ exchange rate (The World Factbook, n.p). This helps in determining the accurate value of the output of a particular country. The Arab World’s GDP measure clearly shows that it enjoys less economic power from the Middle East Oil compared to other countries. The information obtained from the CIA World Factbook is credible in challenging stereotypes that many individuals and countries hold about the 22 Arab League members. The information clearly shows that the Arab World enjoys very little from Middle East Oil while countries like the United Kingdom, France, Germany, Japan, and the United States reap more from the marketplace (The World Factbook, n.p). This is because the Arab World enjoys less purchasing power in the international marketplace and thus has little economic power.