12 men's teams and 12 women's teams will compete for gold at the 2008 Games: Men - Croatia
Iran
Lithuania
Russia
Australia
China
Greece
Germany
Angola
Spain
USA
Women - Australia
Belarus
Brazil
Korea
Latvia
Russia
China
Mali
Spain
USA
The Women's team won the silver medal and the Men's team finished 7th.
205 countries are competing in the 2008 summer olympic games
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16 in the men's competition and 12 in the women's.
Both teams won gold at the 2008 Olympics in Beijing.
The men's basketball team is named the Boomers and the woman's basketball team is named the Opals.
yea there basketball team both womens and mens
Obviously since both the Chinese men and womens teams won gold in the 2008 Beijing Olympics.
In 2012, there will be twelve teams for men's basketball in the olympics. There will be twelve women's teams in the 2012 olympics, all competing for the gold medal.
The United States of America.
For the 2008 Beijing Games, there are two womens teams and two mens teams representing USA. Misty May-Treanor and Kerri Walsh is the #1 ranked womens team in the world. Elaine Youngs and Nicole Branagh are also competing and are medal contenders. On the mens side, Todd Rogers and Phil Dalhausser are ranked #1 and the other team is Jake Gibb and Sean Rosenthal.