|General Purpose: |To argue a position |
|Specific Purpose: |To argue the position that globalization is creating a level playing field between the |
| |east and the west. |
|Central Idea: |The emergence of China and India’s third world economies due to trade and investment and|
| |the costs and benefits to the United States. |
Government planned economy-Communism
Market Economy- Capitalism
a. China has changed its economy to a market economy while retaining the . political authoritarian government.
b. India has a market economy and a democratic government
c. The United States practices and reaps the benefits and costs of a
market based economy.
a. The World Trade Organization was established in 1990. Communism had collapsed and capitalism spearheaded by the United States encouraged nations to join and establish a global trading community
b. At last count, the U.S. trade gap with China for 2008 was running at an annualized $717.1 billion versus the $700.3 billion in all of 2007, based on U.S. Commerce Department numbers. The deficit August figure was $25.3 billion, the second highest monthly total ever.
c. India has set a target of $200 billion in exports for the current fiscal year ending March 31, up from $155.5 billion reported for 2007-08, and is aiming for a 5-percent share in... [continues]
Cite This Essay
(2010, 09). The Emergence of China and India and the Impact on the United States. StudyMode.com. Retrieved 09, 2010, from http://www.studymode.com/essays/The-Emergence-Of-China-And-India-400686.html
"The Emergence of China and India and the Impact on the United States" StudyMode.com. 09 2010. 09 2010 <http://www.studymode.com/essays/The-Emergence-Of-China-And-India-400686.html>.
"The Emergence of China and India and the Impact on the United States." StudyMode.com. 09, 2010. Accessed 09, 2010. http://www.studymode.com/essays/The-Emergence-Of-China-And-India-400686.html.