(I took this from ahsan57900)
1. The governments and economies of foreign nations greatly influenced the United States of America because the products produced by foreign nations compete with the American products in the market. This competition causes negative effects on the economy of United States when more products of foreign countries are sold as compared to American products due to lower prices of foreign nations products.
2. Big challenges are created by nontraditional economies, natural disasters, and emerging democracies on the United States government because these factors lowers the production and sale of American products in the market that affected the economy.
The answer is back away slowly and don't make any sudden movements.
"Wider still, and wider, shall thy bounds be set;" if this refers to the British Empire I believe it means that it is commenting on the expanding boundaries of this Empire as new lands are conquered and turned into colonies. At one time, Britain had far flung colonies in Africa, Asia and also the 13 colonies and Canada before the independence movements of the late 18th century in America and also 20th century in Africa. In other words, at one time the world was colonized by primarily the Spanish, the Portuguese and the British and the colonies had to supply the raw materials to the colonizers and were an appendage of the big powers.
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Hope that helps, and goodluck!