China has a total of 4.9 trillion GDP in 2009. If current trends continue, China may be the world’s largest economy by 2020. Discuss the possible implications of such a development for (a) the world trading system, (b) the world monetary system. (c) the business strategy of today’s European and U.S.-based global corporations, and (d) global commodity prices. Go to the World Bank(http://www.worldbank.org/) website and find China’s country information to support your discussion. Respond to at least two of your fellow students’ postings.

Q2- Describe the ideologies of two different political systems. Select two different countries of your choice for a comparison. •Do these beliefs affect the Economic System? •How does the legal system affect the attractiveness of a country as an investment site and/or market? Respond to at least two of your classmates’ postings.