Question

In recent times, China had the second largest economy in the world with a nominal GDP about ______ of that for the United States, but it was growing at a faster annual rate than the U.S..

Answer 1

$14.14 trillion.

Step-by-step explanation:

China is the largest trading nation in the world and have signed many treaties with several countries around world in recent years. It has largest economy in terms of purchasing power parity(PPP). World largest manufacturing economy and exporter in the world. It makes them fastest growing economy in world with a growth rate of 6.9%. It has largest labour force in the world. However, its counterpart, United states is struggling to keep pace with world fastest economy with growth rate of just 2.1%.