Recently Trade war has been started between which two Countries?
Correct answer: B. China and America
- A. Saudi Arabia and America
- B. China and America
- C. Russia and China
- D. Russia and America
Explanation
The 2018 trade war chiefly involved the United States and China, with both sides imposing tariffs on each other’s goods. Russia was not the main country involved in this tariff dispute.
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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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