Question
Post-1991 can be called ‘the Era of Multi polarity’.

Answer

This statement is True.
  • After the collapse of the USSR, the USA remained the only superpower due to its military, technological and economic might.
  • However, many regional or economic organizations such as OPEC, European Union, G-8, G-20, SAARC, ASEAN, African Union, BRICS, etc. also play a vital role in world politics and international relations.

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