Asked in a 2020 paperModerate

Which among the following is the only nation to report a marginal rise in crude steel output in April 2020?

Correct answer: C. China

  • A. Japan
  • B. US
  • C. China
  • D. South Korea

Explanation

China was the only major steel-producing country among these options to report a slight rise in crude steel output in April 2020. Japan, the United States and South Korea recorded declines amid the pandemic slowdown.

Last updated

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.

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.

Related questions