In June 2020 China announced tariff exemption for 97% of exports from__________?
Correct answer: B. Bangladesh
- A. Pakistan
- B. Bangladesh
- C. Afghanistan
- D. Nepal
Explanation
China announced tariff exemptions covering 97% of imports from Bangladesh, improving access for Bangladeshi products to the Chinese market. The measure was presented as trade support during the pandemic.
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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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