No, I don’t think that the end of the Cold War was not good for the world business. The end of the Cold War led to some significant changes in the economy like the isolated countries opened themselves to the world goods and America was no more the only nation that dominated the economy. In fact, countries like Europe and China also emerged as huge competition for America (Brower & Sanders, 2014). This happened because of the fall of Communism as well. The countries that got freedom from communism did not remain isolated any more. Europe was also a united country after the war and became one of the largest markets with one of the greatest numbers of traders.