what is the size of the chinese economy
Economy of China China's socialist market economy[19] is the world's second largest economy by nominal GDP[1][20][21] and the world's largest economy by purchasing power parity according to the IMF,[22] although China's National Bureau of Statistic denies this claim.[23] Until 2015, China was the world's fastest-growing major economy, with growth rates averaging 10% over 30 years.[24][25] Due to historical and political facts of China's developing economy, China's public sector accounts for a bigger share of the national economy than the burgeoning private sector.[26][27] On a per capita income basis, China ranked 71st by GDP (nominal) and 78th by GDP (PPP) in 2016, according to the International Monetary Fund (IMF). The country has an estimated $23 trillion worth of natural resources, 90% of which are coal and rare earth metals.[28]
Paris Peace Accords
United States foreign aid Total economic and military assistance: $43.10 billion
Economics Theory and observation set out the conditions such that market prices of outputs and productive inputs select an allocation of factor inputs by comparative advantage, so that (relatively) low-cost inputs go to producing low-cost outputs. In the process, aggregate output may increase as a by-product or by design.[37] Such specialization of production creates opportunities for gains from trade whereby resource owners benefit from trade in the sale of one type of output for other, more highly valued goods. A measure of gains from trade is the increased income levels that trade may facilitate.[38]