A ship recently blocked which trade route causing the world economy to lose million of Dollars?
Correct answer: B. Suez Canal
- A. Strait of Malacca
- B. Suez Canal
- C. Indus River
- D. Red Sea
Explanation
The container ship Ever Given blocked the Suez Canal, a crucial route between Asia and Europe. The obstruction delayed hundreds of vessels and disrupted global trade, costing millions of dollars daily.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
Practise Global Economy
448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask International Current Affairs questions like this
International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
More Global Economy questions
China signed a deal of economic partnership of 400 billion dollars to which of the following country
Which Mobile manufacturing company has decided to withdraw its smartphone brand from the market?
Which country will built first ship tunnel?
Which International Airport has become the Worlds 1st Smart reading Airport?
According to recent figures of IMF, which country has largest foreign exchange reserves in the world?
Where is the world's largest floating solar farm being built?