According to the media, the G7 summit members enjoy the seven largest economies in the world. There must be a reason why our media say that, but I don't know what it is.
The G7 consists of the USA, France, Germany, Japan, the United Kingdom, Italy and Canada. Russia used to be a member. But if you rank the nations of the world by the size of their economies, you get the following list;
USA
(The European Union, which attends the G7 but for some reason does not count.)
China
Japan
Germany
United Kingdom
India
France
Brazil
Italy has the 8th or 9th largest economy. So does Brazil.
Canada has the world's 10th largest economy.
Russia is 12th.
Mexico is 15th.
(Note: On this list, California would rank 6th.)
Why are China, India and Brazil left out in favor of Canada, Italy (and little Russia)?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment