Asked in a 2026 paperModerate

Which Country has been Ranked as the World's Second Largest Weapons Manufacturer?

Correct answer: C. China

  • A. USA
  • B. Russia
  • C. China
  • D. Pakistan

Explanation

China is ranked second after the United States among the world’s largest arms producers in the relevant international rankings. Russia was previously often listed second, making it the tempting outdated option.

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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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