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International Development - Assignment Example

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The "International Development" paper analyzes and critiques the actions of the American government in every regard to the war in Vietnam, the root causes of the Arab – Israeli conflict, and identifies the legacy of communism in the world and its long-lasting impact.  …
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International Development
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Download file to see previous pages I agree with the statement that the European Union’s unity risks collapsing under more traditional European tension. A look at the member nations of the European Union, 27 at last count, shows a wide diversity of languages and religions. The EU has become so unwieldy it is a miracle they can agree on anything at all and will likely collapse under its own weight to go the way of the Soviet Union. However, in the short term, the EU continues to grow and accept new member states, with possibly Croatia and Turkey being next.

The Iraq War has been a source of controversy for the European Union, with some member states supporting the United States. There are indications that the European Union will no longer be supported by the United States; the European Union is becoming increasingly competitive with the United States as the Euro is replacing the dollar as the global standard. The U.S. national debt and trade deficit is given as some of the reasons that many countries are turning away from basing their economy on the dollar. For these reasons, a breakup of the European Union may be looked upon as a good thing by the rest of the world that has to try to compete with it.

2. One section in your book is entitled “The Culture of Consumption.” What are your initial thoughts when you hear that phrase and why? Also, the availability of credit, including things such as credit cards has dramatically changed society (remember at one time people were very skeptical of paper money and instead wanted to hold something in their hands so as gold or silver. Many times today we do not even get to hold paper money in our hands as for example I paid my credit card bill online from money which was directly deposited in my checking account. Money can now just be digits on a computer screen). What do you see as the most dramatic impact of modern credit and why (be sure to list positives and negatives)? In what direction do you see the future of “money” going and why?   ...Download file to see next pagesRead More
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