Environmental Essay Example | Topics and Well Written Essays - 250 words - 6

Environmental - Essay Example trillion, Germany $3.383 trillion, Japan $5.88 trillion and United States $16.02 trillion are higher than that of the Arab World 2641.6819, constituting of twenty-two states (The World Factbook n.p). This is a clear indication that Arab world benefits less from the Middle East Oil. Additionally, comparison between the Palestine GDP (6.641) to Israel (254) shows that Israeli is on the lead. A countries GDP (official exchange rate) is determined by dividing the home-currency-denominated yearly GDP amount with the mutual standard of US $ exchange rate (The World Factbook n.p). This helps in determining the accurate value of 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 the Middle East Oil while countries like United Kingdom, France, Germany, Japan, and the United States reaping more from the marketplace (The World Factbook n.p). This is because the Arab World enjoys less purchasing power at international marketplace and thus has little economic