About greatest economy
Does Europe and- USA or China have the greatest economy?
Expert
1- Europe (keep in mind Italy, French, UK and Germany are 4 world's power) 2- USA 3- China.
From CIA World Fact book we got 2006 GDP Figures in the Trillions of dollars, buying power parity:
i) European Union: 13.080
ii) United State: 13.060
iii) China: 10.210
Preceding to 2005, and possibly back to 1942, the United State exceeded the EU.
The influence of high street chains selling very limited editions of designer clothes at much below equilibrium prices.
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