Asked in a 2018 paperModerate

According to The World Economic Forum (WEF)'s released the Global Competitiveness Report 2018 on October 16, 2018 , which country's economy topped the list?

Correct answer: A. U.S.

  • A. U.S.
  • B. China
  • C. Germany
  • D. Singapore

Explanation

The United States ranked first in the WEF Global Competitiveness Report 2018, ahead of Singapore and Germany. The report assessed factors such as infrastructure, innovation and macroeconomic stability.

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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.

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