In the G-20's first virtual summit, what is the stimulus package the member countries pledged to infuse into the global economy?
Correct answer: B. $5 trillion
- A. $1 trillion
- B. $5 trillion
- C. $2 trillion
- D. $10 trillion
Explanation
At the first virtual G20 summit, members pledged to inject more than $5 trillion into the global economy to counter the pandemic’s economic impact. This was a collective stimulus commitment, not an individual country package.
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About Summits and Conferences
Summits and conferences bring national leaders, ministers or international organisations together to negotiate shared positions on security, climate, trade, development and regional cooperation. The subject includes the host country, participants, agenda, declarations, agreements and outcomes, while distinguishing a formal summit from a ministerial meeting or recurring international forum.
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