e economic power in the world, behind both a united Europe and Japan. The American action in Operation Desert Storm demonstrated that the United States, at least in the short run, is capable of establishing a global hegemony based upon military power, at a time when the country's ability to establish a global hegemony based on economic power is on the wane. The New World Order, thus, appears to have much less to do with subduing modern day Hitlers (as President Bush continually describes Saddam Hussein), or even with the protecting of oil supplies vital to the American economy, as it does with establishing a continuing basis for some sort of American dominance in the world. Unfortunately, hegemony based upon military power is much more vulnerable than is hegemony based on economic power.GERMAN REUNIFICATION
On 21 June 1990, the parliaments of both the Federal Republic of Germany (West) and the German Democratic Republic (East) approved a treaty to merge the economies of the two countries.3 The treaty became effectiv
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