China has a plan to overtake the United States as the largest economy or GDP in the world. Is this a cause for concern? Should we be concerned about this yardstick for the American economy?

The concept of trade is as old as time and history. The ancient Egyptians wrote about trade importance back in 3150 BCE, Egypt was a land of little natural resources but had mastered the technology of smelting metal ore making copper tools and weapons.They capitalized on technology, in order to trade for things they didn't have.The global economy and international trade orchestrate the same capitalist venture today.Countries today trade excess natural resources or technology, for items that they don't have.

Make sure to address each the following items in your initial post:

• What benefits would China gain from being the largest economy in the world?
• What could the US lose from being the second-largest economy in the world?
• What did you learn about the global economy in your research?
• Why is GDP important?