question_answer

Why is the European Union considered a highly influential regional organization in the economic, political and military fields?

Or

No region exists in a vacuum. It is influenced by outside powers and events no matter how much it may try to insulate itself from non-regional powers. China and the United States remain key players in South Asian-politics. Sine-Indian relations have improved significantly in the last ten years, but China's strategic partnership with Pakistan remains a major irritant. The demands of development and globalization have brought the two Asian giants closer, and their economic ties have multiplied rapidly since 1991.

Study the paragraph given above carefully and answer the following questions:

(a) Which two countries have been referred to as outside powers'?

(b) Which are the two Asian giants and why have they been called so?

(c) China's strategic partnership with Pakistan is a major irritant for which country and why?

 

Answer:

European Union is a very strong regional organization of European countries. It plays a very important role in the world politics. European Union is also called European common market or European common community. European Union has its own parliament, flag, anthem and its own currency. Headquarters of European Union is at Brussels.

(1) The European union as the biggest Economy: The EU is the world?s biggest economy with a GDP of more than \[\$\text{}12\] trillion in 2003, slightly larger than that of United States. Its currency, the Euro is now in a position to pose a threat to the dominance of the US dollar. Due to its economy power, it exercises a great influence over its neighbours as well as over Asia and Africa. It also functions as an important bloc in international economic organization such as WTO.

(2) The EU a political and diplomatic influence: The EU also exercises political and diplomatic influence. Two members of EU, i.e.. Great Britain and France are permanent members of the security council of UN. Several members of EU are non-permanent members of the Security Council.

(3) The EU military Influence: The EU combined armed forces are the second largest in. the world. Its total spending on defence is second after US, England and France, are having about 550 nuclear warheads. Thus, EU is a super-national organization and can intervene in economic, political and social matters or the ?world.

Or

(a) China and United States have been referred to as the ?Outside Powers?.

(b) India and China have been called two Asian giants because both from economically and military point of view are strong and powerful.

(c) China?s strategic partnership with Pakistan is a major irritant for India because this strategic partnership can become dangerous for India.